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


To: Hawkmoon who wrote (28373)2/16/1999 10:32:00 AM
From: The Street  Read Replies (1) | Respond to of 116861
 
Uh, Ron, gold is where people will flock in an economic crisis. That it the bottom line.

Gold is still money by definition. And the whole world, other than brainwashed naive Americans, believes that.

Miss out on the next run and miss a fortune-- it is your call.

The run will happen in a US dollar crisis.

Gold may hit $500-600 or more. But the real money will be made in the gold stocks-- they will plunge and then be bargains even by todays standards.

Then when gold doubles those stocks will be 10-100 baggers. It will be a Once in a Lifetime Fortune Maker.

I will be worth millions and you will be denying it is long term and ranting: "It can't happen-- gold has no value! The US Dollar is the only safe haven!"

Then when you buy gold I will have sold into your buying. And then I will be buying stocks on the cheap. And making more millions.

And you will still be at your secure job while ranting the official spin.

I will be on a beach in the Caymen's looking at my 100' ship and waving at my flock of women to turn up Buffet and to bring me a Boat Drink......