Strictly: Drilling II 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.

Strategies & Market Trends : Strictly: Drilling II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: isopatch who wrote (241)	8/20/2001 5:46:21 PM
From: Crimson Ghost	Read Replies (4) of 36161

Nice rebound in gold stocks towards the end of the day. The struggle between the commercials and the specs is far from decided. One thing that is very different about this gold rally as compared with all the others since 1993 is that the dollar has turned down decisively and real short-term interest rates are close to zero and probably will fall below zero shortly. That was also the case in 1993 -- the last decent gold bull. The commercials (gold cartel) of course continue to do their best to keep gold in the doldrums. But that may no longer be enough IMHO.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next