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 101.44

+3.5%

Nov 12 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zardoz who wrote (61209)	11/22/2000 2:23:25 PM
From: Rarebird	Read Replies (2) of 116756

One of the crucial questions moving forward here is what kind of Bear Market will this develop into? Deeply Cyclical? Or, Secular? If this bear turns into a secular one, I think the POG could move a lot higher than $350-$375. One of the ingredients for a secular Bear seems to be in place: lack of faith in the principles of gov't here. Furthermore, the hard landing that is coming looks to be more severe than many have imagined. I do not think a 75 point discount rate reduction will be enough to put this economy back on the path of growth. There have been such incredible excesses that have developed over the past few years. Massive Tax cuts would be needed to straighten out the economic situation here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next