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 : Alta Gold

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bruce McGaughey who wrote (538)3/22/1998 6:02:00 PM
From: Francois H. Gaston  Read Replies (1) of 749
 
I agree with you guys. ALTA a great choice.
When a stock market is on a tear and when the US is beating the whole world in high tech, a lot of money is flowing to Wall Street and into the mighty $ .... and that will prevent gold to go up!
Here is an article from Barron's suggesting that gold, considered dead, might ultimately wake up.... members.aol.com

And here is a table I created with all the elements "needed" for a major market crash in the US... elements that are NOT here at this point.
members.aol.com
(Table created from readings about past financial crashes over the last 3 centuries.....)
I moved some of my money from FSAGX and FDPMX to Fidelity Select Energy and Fidelity Small Caps Thursday... A market correction could come as early as this Spring but the DOW will go through 9000 shortly (IMHO) after a possible little drop for window dressing by MFs at the end of March... 10000 this year VERY possible. I see a market correction sometimes this year but for a crash you need panic... and we are not even close! we will have time to react, me thinks
Good luck
Gaston
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext