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

To: Bill Murphy who wrote (19734)	9/25/1998 9:39:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 116762

Bill, I'm certainly not going to lay claim to being a "Gold Bug". However, I'm certainly taking a more aggressive posture towards looking at investment opportunities in the area. And I do recognize that paper money starts to lose it's appeal when there is serious uncertainty in the financial sector. We all have to ask ourselves how many other hedge funds, in dire straits, are also "too large to fail". And what will be repercussions of such bailouts? People are in the US for safety. But when that image of safety fades, the glitter of gold sparkles brightly. Regards, Ron

To: Bill Murphy who wrote (19734)	9/26/1998 12:27:00 PM
From: Barber From Seville	Read Replies (1) \| Respond to of 116762

Gentlemen...Great thread! I would like to add my two cents worth. In an article published in report on business ("days of reckoning")it has been said that the bull market run up of equities is a "mass cultural event". The broker's of the world are stating "stay the course with equities, buy and hold". The article goes on to finish with... "the market losses will be amplified in every aspect of the economy. Truly a mass cultural event". With this in mind i propose the following thought: Is it possible that the same cultural phenomenon that propelled the bull market for a decade-to a point of trendy almost-could, given the right amount of press, have the same impact on gold to a lesser but powerful result. ex - When all the secretaries gather around the water cooler to talk about their mutual fund picks, that gold will be the new "mass cultural investment tool". I believe that with the information age the way it sits and so many people coming off a bull market that if they do not follow their "trendy" brokers picks, that they will have a great deal to lose. Hence i predict a serious increase in bullion prices.