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 : S10-The next generation!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Claude Cormier who wrote (25)7/21/1999 10:26:00 AM
From: TrueScouse  Read Replies (1) of 81
 
Claude:

Thanks for posting the link to your article. I particularly like the following:

<<At the time, the US equity market was worth just a notch above the golds or US $1000 billions ($1 trillion). Nowadays, the golds (inventories and stocks) are worth slightly above US$1050 billions ($1.05 trillion) but the US equity total market cap soared to exceed $US 11,000 billions ($11 trillions). In short, when the trigger is pulled, there will be much more money chasing gold and gold stocks than at any time in market history>>

Hmmm... over 10 times as much money chasing gold as there was when it popped to $800 in 1980.

The key question is when will the trigger be pulled?

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