The Gold Anti-Trust Action Committee needs your help

On the other hand, people who got burned by buying gold twenty years ago when the price was over $800 per ounce probably want to live to see gold rise in price so that they can break even.

I owned Gold about 25 years ago and sold when we got rid of Jiminy Cricket Carter and realized a substantial profit (although I did not ride it to the $800 level that it eventually reached).

As to the criticism that Gold pays no dividends...what investment is paying dividends right now. Are you guys (gals) in money market funds paying below the rate of inflation?

I really want to hear where your money is invested in right now. Educate me.

Maybe you should visit my new website....you just may learn something....try it with an open mind....I do not have to prove anything...gold,gold funds,minning stocks and yes numismatics have all blown away everything in the past 12 months....facts are hard to fight against my friend....like I said try it... HERE

I'm not going to get into a pi$$ing match with you, yes you are right I have not cashed my Gold in (because I think it is going much higher), so I have realized just a "paper profit." But you also must realize that investing in any product, company or commodity does not realize a profit until it is sold.

True enough. But I would rather put my money into something that generates income as opposed to just sitting there, looking shiny.

I would rather have my money invested in something that has been valued everywhere for the past 2,000 to 4,000 years than pieces of paper (dollars, yen or euros) that are guaranteed by nothing and are being created (printed) at a rate never before seen in the history of the USA.

If there's ever a serious economic reckoning of the sort the gold-selling fearmongers describe with lip-smacking relish, gold will be worth a LOT less than some good land, a good rifle, and lots of ammo and nonperishable food. I have that little detail taken care of.

People that owned Enron at $80 or Global Crossing at whatever are broke now.

It's the risk of investing. People who bought gold at $800 an ounce lost a ton of money, too.

Nobody will ever be broke owning Gold, although I will cede that it has been a poor investment for the past 10 years.

Tell that to my neighbor, who bought 250 ounces of gold in 1980, figuring he'd make a killing no matter what. He held onto it, and still holds it, just WAITING for the gold market to bounce back. His $200,000, after factoring in 22 years of inflation and the decline of gold, is now worth $32,560.30 in 1980 dollars. That WAS his life's savings. It's gone now. Oh, well.

Maybe you should take note on the goings on in Argentina and Japan right now. Fiat currency has failed everwhere it has been used in the history of the world.

And so has gold-backed currency--again, EVERYWHERE it has been tried. All currencies fail eventually.

As to the criticism that Gold pays no dividends...what investment is paying dividends right now. Are you guys (gals) in money market funds paying below the rate of inflation?

I really want to hear where your money is invested in right now. Educate me.

A lot of my investment is in small businesses that do not trade publicly. I don't worry about the stock price, I just collect a check for a cut of the profits.

"As to the criticism that Gold pays no dividends...what investment is paying dividends right now. Are you guys (gals) in money market funds paying below the rate of inflation?"

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Profile - Colonial Properties Trust (NYSE:CLP)

As of 6-Feb-2002

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Recent Events

Feb 8

Dividend payment of $0.66

Jan 25

Price hit new 52-week high ($32.86)

Jan 23

Conference call: Colonial Properties Trust Earnings (Q4 2001)

Jan 22

Earnings Announcement

Dec 31

Fiscal quarter ended

Location

2101 6th Avenue North, Suite 750
Birmingham, AL 35203

Phone: (205) 250-8700
Fax: (205) 250-8890
Email: mail@colonialprop.com

Employees (last reported count): 1,000

Financial Links

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·Top Mutual Fund Holders
·Analyst Upgrade/Downgrade History
·Historical Quote Data
·Free Annual Report
·Raw SEC Filings at sec.gov

Competitors:
·Sector: Services
·Industry: Real Estate Operations

Company Website

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Index Membership

·S&P 600 SmallCap

Ownership

·	Insider and 5%+ Owners: 44%
·	Over the last 6 months: · 2 insider sells; 17.0K shares (0.2% of insider shares)
·	Institutional: 36% (65% of float) (210 institutions)
·	Net Inst. Buying: 113.0K shares (+1.47%) (prior quarter to latest quarter)

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Business Summary

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Colonial Properties Trust is an owner, developer and operator of multifamily, office and retail properties in the Sunbelt region of the United States. It is a fully integrated real estate company whose activities include ownership of a diversified portfolio of 115 properties, as of December 31, 2000, located in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Texas and Virginia. The Company's activities also include the development of new properties, acquisition of existing properties, build-to-suit development and the provision of management, leasing and brokerage services for commercial real estate.

More from Market Guide: Expanded Business Description

Financial Summary

CLP is a REIT which owns, develops, and operates multifamily, retail and office properties in the Sunbelt region of the U.S. For the fiscal year ended 12/31/01, revenues increased 5% to $316.3 million. Net income applicable to Comm. before extraordinary item increased 8% to $42.2 million. Revenues reflect increased sales of multifamily and office properties. Net income also reflects higher gains from sales of properties and higher margins.

More from Market Guide: Significant Developments

Officers

[Insider Trade Data]

	FY2000 Pay

Thomas Lowder, 51 Chairman of Trustees, Pres, CEO	$439K
Howard Nelson, Jr., 53 CFO	257K
C. Reynolds Thompson, III, 38 COO	293K
Paul Earle, 42 Exec. VP of Multifamily Division	238K
John Hughey, 41 Exec. VP Retail Devel.	--
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..

More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options

Statistics at a Glance -- NYSE:CLP

As of 6-Feb-2002

Price and Volume
52-Week Low on 23-Mar-2001	$`25.20`
Recent Price	$`32.02`
52-Week High on 25-Jan-2002	$`32.86`
Beta	`0.23`
Daily Volume (3-month avg)	`62.0K`
Daily Volume (10-day avg)	`81.0K`
Stock Performance
big chart [1d \| 5d \| 3m \| 6m \| 1y \| 2y \| 5y \| max]
52-Week Change	`+18.8%`
52-Week Change relative to S&P500	`+46.6%`
Share-Related Items
Market Capitalization	$`671.7M`
Shares Outstanding	`21.0M`
Float	`11.7M`
Dividends & Splits
Annual Dividend (indicated)	$`2.64`
Dividend Yield	`8.24%`
Last Split	none

Per-Share Data
Book Value (mrq)	$`36.73`
Earnings (ttm)	$`2.02`
Earnings (mrq)	$`0.84`
Sales (ttm)	$`15.14`
Cash (mrq)	$`0.48`
Valuation Ratios
Price/Book (mrq)	`0.87`
Price/Earnings (ttm)	`15.85`
Price/Sales (ttm)	`2.12`
Income Statements
Sales (ttm)	$`316.3M`
EBITDA (ttm)	$`213.0M`
Income available to common (ttm)	$`42.2M`
Profitability
Profit Margin (ttm)	`27.6%`
Operating Margin (ttm)	`44.5%`
Fiscal Year
Fiscal Year Ends	Dec 31
Most recent quarter	31-Dec-2001

Management Effectiveness
Return on Assets (ttm)	`4.40%`
Return on Equity (ttm)	`7.98%`
Financial Strength
Current Ratio	N/A
Debt/Equity (mrq)	`1.54`
Total Cash (mrq)	$`10.1M`
Short Interest As of 8-Jan-2002
Shares Short	`820.0K`
Percent of Float	`7.0%`
Shares Short (Prior Month)	`712.0K`
Short Ratio	`15.47`
Daily Volume	`53.0K`

See Profile Help for a description of each item above; K = thousands; M = millions; mrq = most-recent quarter; ttm = trailing twelve months; (as of 31-Dec-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.

Copyright © 2002 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Some event data provided by CCBN. Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Good Reits are paying between 8% to 10% in annual dividends. CLP is my favorite of the bunch. I'm a long-term holder of that stock, and it increases in value every year as well as increases its dividend.

It's backed 100% by assets, something that the dot-com and tech stocks never could say. Cash flow. Assets. Great dividends. Stellar track record.

Most brokers charge less than 7% for margin funds, too. Yup, you can make more in dividend yields alone (at least on CLP) than what you get charged to borrow the money to buy the stock.

That is literally being paid to buy and own the stock.

Life is good.

Gold is fiat currency, too. It only has value because others say it has value, just like paper.
Moreover, anyone who discovers a large goldmine will soon have the market flooded and the price devastated.

Thus, the supply of gold increases every day...

Boy this post has turned into a real catfight, and the original poster is nowhere to be seen!

Which would you rather own, pieces of paper that can be printed at will or Gold which can only be mined at a certain rate (until two years ago all the gold mines in the world were were increasing the supply of Gold at 2%/year, that rate has fallen since then as mines have been closed)

If you have a Gold mine in your backyard I suggest that you start going through the regulatory process to start digging now, because even if you get approved it will take 5-10 years before you start producing any Gold.

The supply of Gold is not "increasing every day", as you so cheerfully state. China and Russia are both accumulating Gold, the people of Japan and India are stepping up their Gold holdings because of concerns about their economic security. Even with all of the manipulation of markets going on the price is rising. Sit on the sidlines and throw stones all you want, but I've decided for my family's security that I will keep a certain percentage of my assets in Gold (and, some Silver, but don't get me started on that).

GATA has pointed out that the consumption of Gold has increased more rapidly than it can be mined. Where has the supply deficit been made up? The Fed and BIS (Bank of International Settlements) has been selling Gold from the vaults of the US and England to meet demand.

I would think you would be concerned. I am not your typical "Gold bug", I am concerned for our Republic.

I am not posting here to show how much smarter I am then everyone else. I am trying to share info with people on a forum. There is not one “right way” to increase or preserve capital right now. Please don't belittle me because I choose to invest differently than you.

You assume things about me that aren’t true. Most of my money is not is precious metals. Less than 20% of my net worth is in Gold and Silver (read my previous posts to see where I have been invested). I own $35,000 worth of collectible firearms (including a Parker shotgun), reload my own ammo, own property in New Hampshire and have a vintage Porsche. I treat my holdings in Gold and Silver as an insurance policy.

I wish you good luck in your investments. I see that REITs have been good for you. We’ll see what happens when real estate drops through the floor and people can’t pay rent or their mortgages. The rate of bankruptcies has been increasing as has the mortgage default rates. Again, I don't want you to suffer from a market turnaround, it's just that I don't choose to be invested in real estate.

I lived in a home in New England that dropped in value from $100,000 to $55,000 in two years. It took nine years for it to get back to $100,000. REITs are very susceptible to these market corrections. Look at a chart of real estate values from 1995 and it looks like an upward sloping pyramid. The definition of that type of chart is called a “bubble”.

A lot of my investment is in small businesses that do not trade publicly. I don't worry about the stock price, I just collect a check for a cut of the profits.

Sounds like the Mafia...LOL

LOL
:-(

I put up much of the money for the business proprietors to be able to make any money at all, and in return received ownership of a share of the profits. Are you saying that I should just hand over my money and receive no dividend from putting my money at risk?

You, good sir, are a despicable piece of tripe. You are so vile and repulsive that even a lawyer could not see any redeeming qualities in you, no matter how much you paid said lawyer.

UR# 27)Yup! Goldfinger?

Add up the NOW total physical GOLD RESERVES ON HAND with the EURO nations COMBINED!!.

United Europe's GOLD holdings TOGETHER tell THE whole story.

James Bond's Gold Credits Indeed!

Ft. Knox?

The Marshall 'plan' HAS materialized with the Euro!!!

IMHO

You, good sir, are a despicable piece of tripe. You are so vile and repulsive that even a lawyer could not see any redeeming qualities in you, no matter how much you paid said lawyer.

Better get some medication for that temper of yours. I was merely pointing out that you gave me no information on where you invested your money. Simply saying that "A lot of my investment is in small businesses that do not trade publicly. I don't worry about the stock price, I just collect a check for a cut of the profits," tells me nothing. Now that you have given me more info I applaud your choices.

I own my own business as does my father and many other people in my extended family. Keep up the good work and go to getasenseofhumor.com and order some of their products.

Selective posting again.....I find this statement pure BS...you said

Tell that to my neighbor, who bought 250 ounces of gold in 1980, figuring he'd make a killing no matter what. He held onto it, and still holds it, just WAITING for the gold market to bounce back. His $200,000, after factoring in 22 years of inflation and the decline of gold, is now worth $32,560.30 in 1980 dollars. That WAS his life's savings. It's gone now. Oh, well.

Your story could only be true if the guy was a full blown idiot....the only folks who bought gold at $800.00 were those that listened to Merrill Lynch who gave a major buy at the top...just like they did with Cisco,Enron,Global Crossing etc.....the other reason I don't buy your story is because anyone who had made $200,000.00 in 1980 was no fool and to put all your life savings into one investment is most proberly the dumbest thing anyone could do....

You continue to make the argument that if you had put all your money into gold you would have lost most of your investment dollars....most of us that hold gold...and in my case sell gold recommend no more than 10-15% of your total investment in a hard asset....what don't you get about this fact?

PS....on the other hand if you had put everything into the gold sector over the past 52 weeks ...guess what....Amex Gold Index is up over 35% this year and up over 87% over the last 52 weeks. The Philadelphia Gold and Silver Index is up over 25% year-to-date and up over 47% over the last twelve months.�....I won't go into minning shares and numismatics....they all did better I want to keep it a secret!

Tell that to my neighbor, who bought 250 ounces of gold in 1980, figuring he'd make a killing no matter what. He held onto it, and still holds it, just WAITING for the gold market to bounce back. His $200,000, after factoring in 22 years of inflation and the decline of gold, is now worth $32,560.30 in 1980 dollars. That WAS his life's savings. It's gone now. Oh, well.

Your story could only be true if the guy was a full blown idiot...

Yeah, he believed people who sold gold for a living.

the only folks who bought gold at $800.00 were those that listened to Merrill Lynch who gave a major buy at the top...

And the ones who read the newsletters put out by those who sell gold for a living, and believed that the economy was going to tank bigtime.

just like they did with Cisco,Enron,Global Crossing etc...

And believed all of the "New Economy" folks, as well.

the other reason I don't buy your story is because anyone who had made $200,000.00 in 1980 was no fool and to put all your life savings into one investment is most proberly the dumbest thing anyone could do....

Like I said, he believed every one of those doomsday shills who told him that the ONLY SAFE INVESTMENT was GOLD!

You continue to make the argument that if you had put all your money into gold you would have lost most of your investment dollars...

Which, BTW, is quite accurate. Gold just ain't doing well at the moment. Generally, if it DOES suddenly take off, I take that as a sign that sanity has taken a vacation.

most of us that hold gold...and in my case sell gold recommend no more than 10-15% of your total investment in a hard asset....what don't you get about this fact?

And you proceed to overrule yourself...

PS....on the other hand if you had put everything into the gold sector over the past 52 weeks ...guess what....Amex Gold Index is up over 35% this year and up over 87% over the last 52 weeks.

First, you say no more than 10%, then you say "if you'd put all of your money in this..."

Make up your MIND, willya?

The Philadelphia Gold and Silver Index is up over 25% year-to-date and up over 47% over the last twelve months.�....I won't go into minning shares and numismatics....they all did better I want to keep it a secret!

Uh-huh, so you blab it on FR.

Look, you sell gold in return for FRNs. If gold is such a wonderful investment, you wouldn't be SELLING any, you'd be trashing it at every opportunity in order to depress the price even more below "fair market" value.

I see that you did not chose to reply to my post.

Instead you are selectively attacking "people who sell gold for a living." What is your agenda, any way?

Thank you, once again, Ratcat, for your clear, overall view.

I never intented to start this thread as a pi$$ing contest. The lawsuit says it all for me. One man taking on these many big wigs can't just be full of s*** and pi$$ing in the wind. The point is to get the message out to the lamestream media in case some bright spark gets "just" a ping.

We can all dwell forever on "Where the markets are going to go????" but isn't this actually the point of the markets?

I watch CNN just because I want to know what the sheeples are buying into....I watch the markets the same way. The markets are manipulated but that doesn't mean you can't win, as long as you understand that "small" little fact.

I've been doing so much studying of markets lately I've come to the dreary conclusion that the markets aren't designed or meant for "the common man".

Exactly the opposite, the markets are intended to be a trap. That doesn't mean you shouldn't be in the market, but...you should be aware that you're just a little boy playing a big fat game with the big fat boys. As they say in may disciplines....use your weakness to your advantage.

Sorry for the long post....my name should read "INSOMNIAC".

As for the markets, play them indeed...but please.....at least know which game you're playing. Mind you it's hard to keep your head in both universes. (aaaaaagh). I will end this by saying: ISTAL? my thinking...Is That A Laugh...what do you think? Will ISTAL fly? Many regards, TY.UD.