To: .cnI redruM
I always laugh when I hear the ads on radio telling me what a great investment gold is.
Usually by a company who is in the business of selling gold.
If it's so great, why are they selling it instead of hoarding it?
11 posted on
12/01/2005 10:49:06 AM PST by
flashbunny
(To err is human. But to really screw something up, have the government try to fix it.)
To: flashbunny
Interesting point....
14 posted on
12/01/2005 10:50:25 AM PST by
.cnI redruM
(Murtha - What happens when patriots turn into Democrats.)
To: flashbunny
Common misconception. They are not only selling it, they OWN it. LOTS of it. The greater the demand, the greater the value of THEIR gold.
26 posted on
12/01/2005 10:59:35 AM PST by
Travis McGee
(--- www.EnemiesForeignAndDomestic.com ---)
To: flashbunny
If it's so great, why are they selling it instead of hoarding it?
It's just a commodity to miners. We sell enough to pay our bills and hoard the rest. We know the dangers of fiat currency and the spot price of gold is not the big deal to us as it is to investors. An ounce of gold would buy you a good suit in 1900. An ounce of gold will buy you a good suit today.
.
55 posted on
12/01/2005 11:17:24 AM PST by
mugs99
(Don't take life too seriously, you won't get out alive.)
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