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 114.30

-0.5%

Dec 12 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alex who wrote (9084)	4/10/1998 12:30:00 AM
From: PaulM	Read Replies (1) of 116814

Re: Investment Cycles and Demand for Gold, nice article. More and more each day I'm convinced that inflation is higher than the govt suggests. E.g., Every day wall street reapeats the mantra that interest rates are "low," and the market is clearly behaving as though we're in a low interest rate environment. Capital is willing to pay 27 times earnings. But if inflation were 1%, then REAL interest rate would be 4-5%, not particularly low at all. If you believe the market discounts inflation, something is wrong with this picture. The best explanation I come up with: inflation isn't 1%. Armstrong is on target with this one.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next