SI
SI
discoversearch

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 114.30-0.5%Dec 12 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim McMannis who wrote (42705)10/11/1999 11:59:00 PM
From: Tunica Albuginea  Read Replies (1) of 116814
 
Jim McMannis, a truly great finish. Unlike Fri when the Naz
went up and XAU down, today they both went up.

I think cooler heads are prevailing and are realizing that
the Emperor has no clothes ,
i.e., the US cannot make whole all the Dollars it has printed.

So I believe a mad rush out the door will begin soon.
Change US dollars into gold, something with more value in it.

So we have finally answered the question:

What is the POG?

And the answer is:

the price that it takes to change the backing of the world's
financial structure from dollars to gold.


We have a lot of good mathematicians on this thread:

Let us assume that the POG for now is $400/share.

How many tonnes will it take to back up

- all the US dollars in circulation, or
-20% of dollars in circulation,

TA

Message #42705 from Jim McMannis at Oct 11 1999 4:07PM

TA,
Nice surge in the last 20 minutes.
quote.com
All gaps don't have to be filled.
What's a cooper 180 pattern? I wonder if it's like the reverse "kissing swan" formation.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext