* * * * * * * * * * * * * * * * * * * * * * 2008 Toronto International Goan Convention Theme: Goan Identity And Networking Today. http://2008goanconvention.com/index.php
Mario Miranda Festival, July 24-26, 2008 Old GMC Building http://lists.goanet.org/pipermail/goanet-goanet.org/2008-July/077732.html * * * * * * * * * * * * * * * * * * * * * * Mario Goveia wrote: > You are still missing the question. The question was > not the actual history of gold prices, which are what > they are, but how anyone would know in 1997-2001 when > gold prices had declined since 1987 and the US was > experiencing significant economic growth and budget > surpluses, which is when gold prices tend to decline, > that gold prices were at a low point. Sweetheart, Politicians, or what some people call central bankers, all started selling gold when it was at its lowest point in 30 years. IMHO, that is a clear signal to start buying gold. To make matters even better, the central bankers took the proceeds from the sale of gold and bought US dollars. A most excellent investment if one wass looking for negative returns...... Let me make myself very clear. The central bankers sold gold at the lowest point and bought US dollars at its highest point. For someone like me who has been dealing with 2 cent politicians all my life, the signal was very, very clear. Do the exact opposite of what the politicians were doing and one would become rich in a short period. I have no intention of trying to convince you, Mario. All I am offering is an explanation. A, as it turns out, very profitable explanation. > You first explained it based on 15 and 20 year charts > in 2008, then by the fact that you worked very hard, > like you did when you caught more lobsters in Africa > than anyone else. I still think you are trying to > pull our legs and haven't seriously explained your > decision-making in any way that makes sense from the > point of view of someone in 1997-2001. In case you have not caught it before, my bet is that gold will reach $1,650. This is the year 2008. When it does, you and others, will remember me. > The non-believers you need to convince are those who > were selling gold to you at the low point, who may > justifiably conclude you were speculating and turned > out to be just plain lucky. Lucky I am. The harder I work, the luckier I get. > The US only freezes the assets > of tyrants like the Commandante and Iran when they go > too far in attacking the US. 17 of the terrorists that attacked the WTC were Saudi citizens. I have yet to see George Bush (43) freeze Saudi assets :-) Mervyn D'tru Lobo "I am not worried about the deficit. It is big enough to take care of itself." - Ronald Reagan - __________________________________________________________________ Instant Messaging, free SMS, sharing photos and more... Try the new Yahoo! Canada Messenger at http://ca.beta.messenger.yahoo.com/ --------------------------------------------------------------------------- **** http://www.GOANET.org **** --------------------------------------------------------------------------- Tri Continental Film Festival 2008 July 25 - 30, 2008 Goa, India http://www.moviesgoa.org/page/tri_continental/ http://www.moviesgoa.org/tricon/schedule_2008.pdf ---------------------------------------------------------------------------
