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Re: basserdan post# 322109

Sunday, 11/14/2004 11:07:53 AM

Sunday, November 14, 2004 11:07:53 AM

Post# of 704019
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I am also skeptical of the gold ETF unless it is convertable to gold. But the possibility is that the idiots in NY end up overextending themselves even more than they already are by selling more promises for gold than they could ever deliver. It could end up being huge for gold. Give it a year and then sick Elliot Spitzer on em. <g. Commercial short squeeze potential for gold is already huge.

I think its good time to buy Dec. Comex futures and take delivery. Silver even better.


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