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.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ian@SI who wrote (8935)9/29/1999 8:15:00 AM
From: Wally Mastroly  Read Replies (2) of 15132
 
Re: The Gold saga continues: Is bear mentality pumping up gold?

NEW YORK - The biggest jump in gold prices in 17 years became the latest
concern for the stock market Tuesday as investors grapple with a multitude of
issues that have made the bull market look sheepish. By itself, Tuesday's $26.20
jump in the price of an ounce of gold to $308 - bringing the two-day rally to
15% - would not have much impact on the rest of the financial world. Analysts
say the rally, in response to agreements by central banks to cap sales over the
next five years, means little to stocks directly. But in the context of a stock
market looking for reasons to sell off, it has serious implications.

'This is like death by a thousand cuts'

usatoday.com

-
Edit/update -from Bloomberg:

cbs.marketwatch.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext