Gold -- the eternal short? 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.

Strategies & Market Trends : Gold -- the eternal short?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: rch who wrote (45)	5/1/1997 2:35:00 AM
From: Keith Zhang	of 114

rch, that is a very insightful analysis. I agree with you that if foreigners stop to finance our debt (or just slow down to buy), then the snowball problems you said will likely happen, thus bull for gold. That is why I said the currency crisis/imbalance may be the catalyst for a complete turnaround. During the mean time the Japanese, Europeans and Chinese continue to buy the US treasury to prop up the dollar which are helping to improve their economies. Do you think the reversal will happen soon? Re: forward selling. Yeah, once the gold starts to rise, forward sellers will turn their positions around, which explains why when gold really rise, it jumps very fast. but now forward selling push the gold down more if the gold keeps going down. btw, I did not mean to infer you as a gold bug, but I do know some people who really are. :) Regards, -Keith

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next