On 23 Mar 2001, at 20:13, Bob wrote:
> But my best protection should come from not gold above ground, but
> from gold in the ground, mining shares.
I could'nt agree more. The leverage factor is between 3:1 and 5:1.
I suggest to my subscribers that they have the bulk of their gold
assets in gold/silver mining companies.. of course I encourage
them to accumulate gold currencies as well -:)
> When gold pops, I just hope G&SR/Omnipay and e-gold, Ltd. are ready
> for the assault on their personnel and servers.
That is one of my worries.. When this bull gets underway, billions
of USD, Yens, DMs...currently parked everywhere will come to
gold... I think the next bull will be greater than what we had in 1971-
80. It makes only sense. Today we have maybe 30% more gold
than we had back then, but we have 10 times more fiat currencies
able to participate in the run. It will be a killing.
Claude
http://www.goldcurrencies.ca
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