At a bottom now for gold? 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 : At a bottom now for gold?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mikesloan who wrote (601)	7/2/1997 10:08:00 PM
From: Goldbug23	of 1911

Hi Mike, The statement from the Merrill Lynch fellow re gold is more of the same. They have been anti gold for as long as I can remember and as you know that is a long time ;-) The Hong Kong thing may be short term significant. The Chinese people and govt have been big gold buyers and closing the Hong Kong market for a week or whatever would depress the price in here. Then too the Chinese would want a lower price as buyers and may start trying to do what they can to lower it. We won't discuss why they are smart traders will we!!! ;-) My guess is we may have to wait for the markets to break, which they certainly will one day, for the golds to check in as our insurance. Best, Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next