On Sat, 27 Nov 2004 20:55:35 -0700, "John P. Mullen" <jomullen@zianet.com>
wrote:

>Jim Stewart wrote:
>> "MacHamish" <russj41@concentric.net> wrote in message
>> news:1gahq0995mmq0lii5i9pinllmsq65hpjpn@4ax.com...
>> 
>>>On Sun, 28 Nov 2004 00:12:59 +1300, "Adam Whyte-Settlar"
>>><grawillers@hotmail.com> wrote:
>>>
>>>
>>>>My advice - sell US dollars - buy gold.
>>>
>>>I'm way ahead of you on that one, old chap.  It's still a good idea, too.
>>>
>>>MacHamish M$(D??(Br
>> 
>> 
>> Timing is everything. Watch the price of oil.
>> 
>> Jim Stewart
>> 
>> 
>
>I don't know, Jim.
>
>It's easier to stuff $1000 worth of gold into a safety deposit box than 
>$1000 worth of oil.
>
>:-)

It's even easier to store gold mining stocks.  Your broker will hold them
for you.  If you want to own the actual metal but don't want to hassle of
storage, there is a new security called an Exchange Traded Fund (ETF) which
entitles the bearer to a tenth of an ounce of gold for each share.  The
shares are backed by gold held in trust at the Bank of England.  The shares
can be redeemed for the metal itself, or they can be traded like any other
stock or fund.

MacHamish M$(D??(Br