To: BeHoldAPaleHorse
Why do people who buy radio time to convince me that gold's going over $1000 want to sell me all their gold?
41 posted on
09/11/2006 9:38:34 AM PDT by
oldleft
To: oldleft
Why do people who buy radio time to convince me that gold's going over $1000 want to sell me all their gold?PAY NO ATTENTION TO THE LITTLE MAN BEHIND THE CURTAIN!
You just asked THE question every investor needs to ask about any investment sold in this manner:
If this is going to make me so much more money in three months than holding onto my cash, why is this guy offering to sell it to me now and thus lose the opportunity to profit handsomely in three months?
To: oldleft
Why do people who buy radio time to convince me that gold's going over $1000 want to sell me all their gold?
''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
gold is contrarian indicator. Its a good hedge against total collapse, high inflation, and depression. Also as money substitute when all else is worthless. If 9-11 happened again today the market would tank 30-40 % but gold would probably skyrocket.
To: oldleft
Because that is how they make money?
115 posted on
09/11/2006 12:27:40 PM PDT by
winodog
(Buchanan is the new Perot.)
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