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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (18198)	9/9/1998 7:32:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116898

Richard.. derivatives derivatives derivatives and the trend of the strong dollar and the downward trend of commodities..etc etc People won't listen to the tv shows if they start speaking about gold until gold has entered into a bull market.. They only report where the action is.. I wish the news stations would have more interviews with professors etc rather than self promoting wall street types..but alas..don't think most people care about what is happening to the world around them..they only care about their own little nest The news media would probably tell you that you are just showing self interest too and ask if your portfolio is mostly in gold :-( bobby be patient and you will be rewarded big time

To: long-gone who wrote (18198)	9/9/1998 4:33:00 PM
From: E. Charters	Read Replies (1) \| Respond to of 116898

The pressure on gold is to make the dollar more valuable in order to pay debt and dominate world currencies. Low interest rate at a time of growth is safe. It allows buying goods and debt with more debt. In effect when you give paper you are saying "here is my debt to you." I say here is my creditors. So why don't the receivers of notes get rich. Because the gov't has outlawed private usury. Meaning you cannot charge people who give you paper interest. There is hidden interest in the money but it is being charged against you. So you lose twice. I say take not paper at all. Do not bank paper. Continue to give your paper to people whose projects show safety and return on investment within three years. Unfortunately this as L. Andrews (poster) says rules out most mining companies with small explo projects as this is a pure gambling. A metal project that promised return in short term as in Avalon or Mar West would qualify. Also software companies with good projects. Don't give it to banks or funds as they do not know who to give it to. Of course all investors must do the same thing and all investments in that class must be able to get project money. This is the risk. EC<:-}