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 109.23

+3.7%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crimson Ghost who wrote (63958)	2/18/2001 11:46:27 AM
From: Zeev Hed	Read Replies (1) of 116788

No, George), while this might be one factor, IMHO, the major factor is that gold still has a psychological aura, and a rapid rise in its price, unlike the huge rise we had in PT and Pd over the last few years, will increase "inflation expectations", which is almost as bad as increase inflation itself. I would not be surprised if those "politically connected friends", where not strongly "urged" (but never in writing and with full "plausible deniability <g>) to take the gold price depressing positions they have, by the CB's and treasury. Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next