Pacific North West Capital Corporation-PFN on Alberta 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 : Pacific North West Capital Corporation-PFN on Alberta

PFN 7.565

+0.1%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: koan who wrote (1374)	5/1/2000 9:01:00 AM
From: Claude Cormier	Read Replies (1) of 2255

Koan, The conspiration theory is very recent. Apparently it started just a few years ago. How else can you explain the exploding demand that has created this annual physical deficit. How else can you explain that it doesn't move on 0.7% monthly inflation. Remember gold was a very respectable $410 an ounce just 4 years ago. Since then inflation has constantly move higher, the US debt and trade deficits have grown to unrealistic levels, and now the bubble in high tecks. You know that gold was $274 in late 1979. Total gold inventories and gold stocks had a market value slightly below $1 trillions. Back then we had also a total market cap of US$1 trillion in US equities. US Equities have expanded their market cap 20-fold while gold is still very close to the $1 trillions market cap. This means that there is a lot more money now that can buy gold. If gold went to $850 in 1980, it can go a lot higher now.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next