Trend Setters and Range Riders 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 : Trend Setters and Range Riders

MSFT 492.01

+1.3%

Nov 28 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: plugger301 who wrote (17176)	5/12/2002 10:34:04 PM
From: Susan G	Read Replies (1) of 26752

Months and months ago there was an article about the Japanese carrying gold ingots home in shopping bags. This was when gold broke that old high and started moving up for the first time. Last week I read somewhere that the Japanese have been having trouble getting there hands on enough gold now, the demand was so great. I think they are hoarding it. And not only the Japanese... I think it's being bought around the globe. The big reason IMO is the weakness in the dollar. It also seems like a good % of traders around SI are long gold. This is the first time in the almost five years I've been on SI that I've seen this. Before then, there was jut the occasional gold bug - usually a permabear. Now the bulls are buying... Wonder if they ever got those tons of buried gold in that vault under the WTC Out yet...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next