Strictly: Drilling and oil-field services 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 : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crimson Ghost who wrote (81790)	12/15/2000 10:31:16 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

George;re: POG manipulation No - they can't hold it down forever... It's merely a question of when to best use their remaining ammo... The US Dollar has only now; begun to crack and begin its inevitable fall - right here; right now; is when they can least afford a Gold spike. What will unleash a spike ? A global event; currency, debt default, or foreign market implosion... or, a major player ala~ a Robertson, Buffet, Soros etc entering the physical Gold market in a big way... I guess what I am saying; is Gold's move is inevitable and I am not concerned at trying to time it's upward move; as I accumulated a portfolio weighted positon during the "cheapest 3 months" out of the last 15 years of XAU history. - someone spin that one (VBG). It's merely when, not if for the POG and a major XAU move back to 85-100, even 125-150; as we've had 5 major moves to near 150 in the last 15 years... but, then again - the XAU & Gold have been "dead" for 15 years if you believe the naysayers... Quite the contrary; the XAU has given near dot.com type of returns 5 times in the last 15 years and it really is this simple: If buying & accumulating during the single cheapest 3 mos in the last 15 year history of XAU stocks is NOT going to be a historic upside play - tell me what will be & when... Patience... I have no problem holding this 45% portfolio weighting for 2-3 years out if necessary; but I am confident that I won't need to. Off to the mall ~

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next