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To: teevee who wrote (25051)12/29/1998 6:05:00 PM
From: Stephen O  Read Replies (1) | Respond to of 116955
 
I would rather have gold bars stitched in my mattress than cash. It won't be destoyed in a fire for one thing. I keep reading that the Japanese are hoarding cash because their interest rates are so low. If it was a matter of holding cash or gold I would hold the gold. Obviously any asset you have can be invested at various rates of return. Inut stocks give you 10%+ a week right now.

The Indian gold bonds concern me. If I read it right the Indian govt will lease or sell the gold deposited with them, earn a return and recompense the original owners with part of that return.



To: teevee who wrote (25051)12/29/1998 11:27:00 PM
From: Enigma  Read Replies (1) | Respond to of 116955
 
take a rest teevee - you're going round and round in circles -- do a little reading on gold supply and demand - but then you're more interested in diamonds it seems (diamonds in the sky, pie in the sky, but don't pollute this thread with that stuff as you did the ARP one) Duhhh? E