Canadian Market Direction 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 : Canadian Market Direction

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: andy who wrote (31)	7/9/1997 8:43:00 PM
From: Jan Johnstone	of 35

Interesting questions. Central banks are obviously dumping gold because of global stability, including the abscence of inflation. Gold's value as a hedge against uncertainty is purely a historic tradition. I believe $200 or less is possible, golds intrinsic value is minimal at best. I think the Canadian gold producers could be in big trouble over the next 20 years, look for rationalizing in the industry. For the TSE 300, gold will hold back the index, but a steady interest rate policy should allow us to easily go over the 7000 mark shortly. Jan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next