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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: teevee who wrote (564)12/28/1998 2:21:00 AM
From: Richnorth  Respond to of 49281
 
What is Ted Butler smoking these days?

Well, I dunno! Why not ask him yourself?

In all fairness to Ted Butler, he never insisted anyone should accept his views. Au contraire, you would like others to agree with you!

It seems that because there are so many paranoid gold bugs around, it should be very, very easy for you to make money. Just short the yellow metal and gold stocks and voila! the money keeps piling into your pockets!!! Wow, could anything be easier?

Well, well, well, aren't you ever so very lucky!!!



To: teevee who wrote (564)12/31/1998 10:43:00 PM
From: robnhood  Respond to of 49281
 
<<<No other commodity is recycled like gold is. Almost every ounce that ever existed
is still around in some form, and mining companies keep delivering more to the
various piles every year and central banks keep buying it-so...the real physical
market is glutted with oversupply. >>>>

We pee and excrete everything into our water, and we value it at close to nothing... On the other hand we value amzn at $300 a share, gold at close to that an ounce....

Trade for a loss ought to work... <g>