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insiders in US listed companies are now
selling $59 worth off stock for every $1 of stock they buy,
this number is astounding, as mutual funds use your money to buy
overvalued stocks insiders are now selling at a
record rate
Gold has no debt attached to it, the USD $ has
33 trillion, if your calculator has enough zeros do the math and calculate the
effect a 1% rate hike will have on the US when their rates rise next
year
Anybody see Fords recent credit rating, one notch
above junk........
Gold - Long as I can get
----- Original Message -----
Sent: Saturday, November 15, 2003 9:54
AM
Subject: Re: [sharechat]
Soarer 2
Agree with you.
In the future you will see the subject of gold
/silver come up more and more as investment options.
There are several reasons why i believe why
this will happen the main being the US economy and direction Bush and the Fed
are taking it. This is certainly not the only reason but is a major factor.
IMO the States has a big sort out coming.By Bushs being policeman of the world
(In Iraq) is not helping.
The old saying ,When the US sneeze the rest of
the world catches a cold.
Mac Dunk, China is buying gold already. It allows
their people to buy it.
You say that countries that buy gold now are ones
that use it for security when things turn nasty. That is exactly what it is
for.Times of uncertainty and with what is happening to the worlds reserve
currency (US$) I think we may eventually be in for some of them.
There are many opinions on whether we are at the
start of a bull market in precious metals . You need to do your research and
make up your own mind.Plenty of help on the net For me Long on
Gold and Silver.
I guess time will tell.
Go with the flow
Slimbo
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