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To: Hawkmoon who wrote (28463)2/17/1999 8:03:00 AM
From: The Street  Respond to of 116877
 
<<But the one caveat in that strategy is still the fact that the gov't could confiscate gold, but I don't beleive that would occur until the deflationary spiral has bottomed and the Fed is ready to reinflate.<<

Agree Ron. That is why I will own gold stocks-- they cannot confiscate those and the rest of the world will be buying too. AND that is the reason for the Swiss holdings-- they cannot get those-- or will not know what those assets are.

People thinking of the Swiss option-- MAKE SURE you get an allocated share of the gold-- AND MOST IMPORTANTLY-- make sure the Swiss warehouser keeps your gold SEPERATE in the warehouse-- i.e. in it's own pile. You get a numbered cert-- if you lose it you lose the gold....