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.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.99+2.9%Nov 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ahhaha who wrote (69922)5/23/2001 3:50:54 PM
From: Ken Benes  Read Replies (2) of 116753
 
While it is difficult to maintain a healthy perspective when investing, it is particularly difficult when considering an investment in gold. The metal has the ability to blind an individual, making a rational decision difficult. Fortunately, the intangibles surrounding the gold market have lost a lot of their mystique over the past several years. The clumsy management style of the producers along with the derivative market has created an artificial reserve pool that is available to the market at the propitious time to short circuit cyclical swings characteristic of a commodity.

To date, this scenario has not changed, rendering any rally suspect.

Ken
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext