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 96.06

-1.4%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Paquet who wrote (58409)	9/20/2000 8:27:31 AM
From: BigBull	Read Replies (1) of 116762

John, there are two major forces that I see converging on gold as priced in US dollars, that may lead to a change in trend. 1. The US dollar rally is getting out of control to the degree that it is in almost no ones interest that it continue. 2. The gold and gold shares markets are some of the most one sided markets I've seen in a very long time. Everybody hates gold. One and two are in my view approaching extremes. I don't exactly know what the catalyst will be that tips the scales in the other direction, but my guess would be concerted CB action against the dollar. Something simply must be done to clean up this developing worldwide currency mess and soon. BWDIK, hey, maybe it's ok if Europe and Asia go the way of the Weimar Republic. Bull

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next