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

To: Hawkmoon who wrote (25669)1/8/1999 12:55:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 116791
 
RE:"If gold goes up, you're basically betting on everything else
going to hell. At least that's what I'm looking for somewhere
down the line."

I DON'T think so. At least not if you're thinking that gold stocks are some kind of hedge against a market crash. It isn't.

Jim



To: Hawkmoon who wrote (25669)1/8/1999 3:29:00 PM
From: long-gone  Read Replies (3) | Respond to of 116791
 
<<If gold goes up, you're basically betting on everything else going to hell. At least that's what I'm looking for somewhere down the line.>>

I disagree, in the longer term at least. I also am looking at the population, population growth, and culture of India. Around 2001 or 2002 there will be more Indians than any other single group on earth.
They own more gold per person than any other group on earth.


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