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RE: [sharechat] reply to allan russell re gold question by macdunk

From:	"Allan Potts" <ajp7079@excite.com>
Date:	Tue, 6 Jan 2004 20:51:06 -0500 (EST)


Hi Duncan,

I thought your post invited all people with gold   positions to contribute 
ergo, I reported on a transaction completed that day.  There was a start and a 
finish to the gold transaction and the percentages reported were net of 
transaction costs.  The figure for the rise in the Kiwi dollar did not have 
commissions deducted since I did not initiate nor close out a      position 
during the corresponding period.  Had I thought the percentage rise in the Kiwi 
dollar would have been less, thereby bolstering the case for gold.

Cheers,

Allan 




 --- On Tue 01/06, Duncan MacGregor < d-m_macgregor@xtra.co.nz > wrote:
From: Duncan MacGregor [mailto: d-m_macgregor@xtra.co.nz]
To: sharechat@sharechat.co.nz
Date: Wed, 7 Jan 2004 11:16:19 +1300
Subject: [sharechat] reply to allan russell re gold question by macdunk

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<DIV><FONT size=2>Hi 
Allan.<BR>������������ 
The reason I asked Lazy Haggis the question was, firstly he was the one that 
told us to buy gold this time last year.<BR>The other more to the point reason 
Is, he Is smart enough to give honest answers without point scoring.<BR>I was 
going over my list of shares In my portfolio at the start of 2003, and asking 
the question of myself, with hindesight what I did right and what I did 
wrong.�����������I did 
tell lazy haggis he was wrong at the time, so It was only fair to direct the 
question at him.<BR>I wanted to compare and hopefully learn something 
new.��� <BR>I did keep the question basic so lets be having you 
haggis you were wrong with sky city.<BR>I very nearly bought gold In the 
eighties, which put me off for life, remember the one In NZ when they opened 
the 
vault nothing was there.�� I bought a house section on spec 
otherwise�I was one of them.���� �The reason I 
gave the first and last trading days of the year Is simple, every trade has a 
start and finish, and cost to undertake therefore to leave one out, makes an 
answer absolute 
rubbish..<BR>�������������������������� 
cheers macdunk</FONT></DIV>
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