gold chat, page-227

Hi Skol,

Fair enough I don’t claim a working knowledge of the aviation business; however, I do know how to run a business and have run one at a profit for more than twenty years.

In Brisbane I know of a galvanising plant (Eagle Farm you may have flown over it) you drop off your metal items, they wait in line and are hot dipped and galvanised and you get them back in 3, 5, 10 or so working days depending on just how busy they are. However; by request you can jump to the front of the line it’s called their silver bullet service and get your galvanised items back the very next day! The cost is simplicity it’s self just twice the normal price!

That is sound business, supply and demand, effective marketing and common sense explained in just one paragraph.

The information I have on the state of the aviation industry comes to me from one source only and that is you. Some words come to mind: Danger, Foot and Gun!

It would appear to me at least that if Boeing have people knocking down their front door to buy their products and they are unable to see this as an opportunity for increasing profits they could do no worse than a little head hunting on the management of my local galvanising works, by the way not a high tech business but a terrific money maker.

Please teach me a little about this wonderful industry and explain how Boeing is advantaged in any way by having a future order book stretching 20 -30 years in front of them?

Based on my limited knowledge of aviation and what you tell me I would not invest in Boeing shares. Due to my own first-hand knowledge I would consider investing in a galvanising company.

Looking at all the money being printed out of fresh air and the way the various governments and central bankers are running about like headless chickens in futile attempts to fix the situation brought about by them I would not trust paper US dollars or other paper instruments of any nation.

Based on what I have read and studied on precious metals I see that gold has stood the test of time over thousands of years. Therefore putting all that together I continue to buy gold and would encourage others to do likewise for and this must be boring some. I see holding physical gold and silver to a lesser extent outside of the traditional banking systems as the best way to protect ones future purchasing power.

O.K. I can’t say for sure what will happen over the next couple of years with what I see as financial madness and to do so would be arrogant in the extreme; however, I will be very surprised if it all works out well, this is after all not a Hollywood movie but real life.

Good luck to you one and all in whatever method you see fit to protect yourself over the next year or two. Personally I feel about as prepared as I can be without going to the extremes of guns and ammunition, items I have no particular love of. I do own several fishing rods not sure if they count.

Via Con Dios Cheers and very best regards: Andy