SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (81273)3/16/2001 12:36:38 PM
From: Fun-da-Mental#1   of 436258
 
Hyundai Corporation to Mine for Gold in Mali, West Africa

"Hyundai reported that it had discovered gold in Mali, news which immediately boosted the value of its shares on the Korean Stock Exchange."

asia.biz.yahoo.com

Heinz (or anyone), what do you think of metals for the next year? and I don't mean just gold. I know the bull arguments, but I'm getting a bit concerned about the demand picture. Mining is due for an upswing, but global recession could throw the cycle off. If things get really bad (as we expect) gold could go up while industrial metals move down. Which way would platinum and palladium go in that case?

Anyway it's encouraging that a major multinational is going into gold and being rewarded for it by the market. Also, mining sector charts still look fine.

Fun-da-Mental
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext