Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Chuzzlewit who wrote (108829)	3/10/1999 2:04:00 PM
From: Fangorn	Respond to of 176387

OT CtC, re > Suppose I bought 100 oz of gold back in 1990. How much earnings would it have generated? Did it pay a dividend? Now compare that to the purchase of 100 shares of Dell in 1990.< If you had bought the gold you would also have paid a fee for storage unless you buried it in the back yard in which case you would have to constantly worry about someone stealing it. (edit... I missed your bit about storage fees the first time I read your post, need to slow down my scanners. VBG) Gold's value, beyond jewelry and electronics, is based on it's alleged ability to hedge inflation and disaster. We have little or no inflation and after any disaster large enough to make gold a good invesment most of us will be in no position to profit. To hold gold is to bet that not only will the world go to hell in a handbasket but that you will also manage to survive the disaster. In that case I would rather have a large position in lead and the tools to throw it, ie. bullets and guns. A bunch of canned goods and dry rice and beans would be nice too. A gas well on the back forty might come in handy also. <ggggg>

To: Chuzzlewit who wrote (108829)	3/10/1999 5:05:00 PM
From: Lee	Read Replies (1) \| Respond to of 176387

Hi Chuzz,..Re:. Suppose I bought 100 oz of gold back in 1990. How much earnings would it have generated? Silly question! <g> It's (Au) apparently so valuable today that many Central Banks, such as Australian, Swiss, Russian and others, have dumped fairly large quantities on the market last year at fire sale prices.<vbg> Wonder why they prefer to hold bonds or currency futures instead of gold? Unless the planet is going to regress to significantly less efficient ways of storing and accumulating wealth, looks like Au might be rightly valued as that yellow metal which can be forged into rings and other decorative items. Pictures tell the story. tfc-charts.w2d.com tfc-charts.w2d.com bigcharts.com Regards, Lee