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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Step1 who wrote (1037)	11/20/1998 10:24:00 AM
From: Paul Berliner	Respond to of 3536

Thanks for the link Chip... its kind of like the rally in merger arb stocks that are shorted after the consummation of the merger. Stephen, I would suggest different things depending on your tolerance for risk. A good idea may be to buy one gold stock that appears to have somewhat bottomed (or is not falling off a cliff technically) and maybe buy some options on another gold stock or gold futures options themselves - preferably with a 3 to 6 month horizon. (if I didn't hear what I wanted to hear within a month or so I'd close out the position, then reassess the situation and maybe step back in when I had a better picture).

To: Step1 who wrote (1037)	11/20/1998 10:50:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 3536

Stephen, Owning anything related to Gold and Silver mining has proven over the last 18 years to have been a "stupid" investment and counter to the trend in the explosion of electronic currencies and financial markets. This is very obvious. Putting $5000 into Intel or Microsoft or Dell 18 years ago would have given you a serious nest egg by now. In gold or silver stocks you would be extremely unhappy. [On a buy and hold basis] If you believe the known international financial crisis will shortly destroy the value of your paper money and leave it worthless I suggest you purchase a certified bag of circulated silver coins at your local coin store. They are cheap and easy to hind in the ground and will provide some purchasing power in the event you are correct. If you wish to invest in Gold and Silver mining companies, that is a different animal and requires some time learning which companies stand any chance of producing acceptable returns......if the price of silver and gold and the interest in them ever "Returns." There are economic conditions that effect these sentiments like inflation, etc. My opinion is to look for companies actually producing something, are making money at these low commodity prices, have low debt balances and invest only 5-10% of your worth [there are many other factors]. But also, be aware, that for some reason "Gold Bugs" are highly emotional people and investors....they often attempt to sell whatever they are marketing, by using inflamed rhetoric based on ones fears about the instability of worlds conditions. Here are 3 threads that may add to your knowledge and understanding of Gold, Silver and Platinium mining arena. Gold Price Monitor Subject 15208 Silver Prices Subject 11925 Precious Metals Mutual Funds Subject 19473 Good Luck Remember, I am not a financial advisor and these are my opinions only and they could be wrong...frequently are. Chip Edit: Pauls mentioned futures this is another animal again, but you better understand that complex world by all its nuts and bolts before jumping in.

To: Step1 who wrote (1037)	11/20/1998 7:13:00 PM
From: Step1	Respond to of 3536

For Paul and Chip Thx for the links and a bit of an overview of what 's available. The world is a confusing place now indeed and I still have to do some DD before jumping in anything. Yours Sincerely, Stephan Gilbert

To: Step1 who wrote (1037)	12/1/1998 1:20:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 3536

Stephen, Yes we have chatted on this Currencies thread. >>how do you balance growth, capital flows and environmental concerns to produce a better place for all to live<< Your question is an important one for the generations that will inherit the next 100 years. Actually, it is extremely urgent that answers be found for these problems of which your are concerned...namely how to balance environmental concerns, the continuos economic capital demands and the greed of the earth's people. Important, not only to find the answers, but also critical that implementation be on an “international” level. The politicians of the future will need to be convinced that their best interests lie in working out solutions. newsweek.washingtonpost.com This article is a remarkably insightful look into the core of the problem and is certainly worth printing for further reference. Soros maybe a disagreeable individual...but his insights into our worlds economic systems are direct, distinctly capable, provable and furthermore correct. His voiced concerns are directly related to your original question on the declining standard of living here in the USA and also in 40% [if not more] of the industrialized world. Remember, 80% of the worlds total population lives at or below the subsistence level with little education, medicine and food. This planet could not withstand the industrialization of the total population. Nor the capitalistic imprint of consumer heaven for everyone...... Within this article are the seeds for answers to the questions you have on bridging the environmental, social and economic considerations of the next 100 years. We certainly cannot continue to prosper and destroy within the old archetype of the “1900's - Industrial National Machine.” In some manner...it will have to change. Change on an international scale will not occur unless the archtype within which Human societies and individuals function does not itself change. Perhaps what we are watching is the first inkling of a significant and universal systems collapse as anticipated by Soros...from that destruction another less exploitive and environmentally sound system may evolve for the people of this earth.....its caretakers. Arnold Toynbee, a great historian and one of the first thinkers to write about the cyclical nature of human society writes so clearly you can feel the rise and fall of the great societies that he traced. He clearly demonstrated that archtypes do change...although not always for the better. There is no inherent reason why today's cultural experiments with free market capitalistism, communism and socialist systems...with their respective economic engines can not be abandoned for a better and more significantly human system of life-living and functioning economic processes. Lets See What Happens Chip