Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.87

+3.9%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sergio R. Mejia who wrote (2587)	10/28/1997 7:43:00 AM
From: Bobby Yellin	Read Replies (1) of 116842

gold has to be the safest place in town these days...the bond market can only go up so far and down in rates so low...pretty soon I think people will start wondering if that is really a safe haven.. with short term rates really low..it might pay to hold gold..now people realize that more mines will have to close..countries will worry if they keep on dumping their reserves their currencies will come under attack and they will have to pay out much higher interest rates.. noticed in the New York Times how the Swiss are really getting attacked for their "war efforts" and some people are apparently refusing to do business with them (guess I should reread the article to make sure that is what I read..read too many things this morning) great.. this melt down might be good for the economy..people might get very depressed and go out in spend..:) rather than squirrel it all away in the market

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next