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: Art Bechhoefer who wrote (28955)	3/3/2003 12:54:04 AM
From: c.hinton	Read Replies (1) of 36161

If one had invested in eurobonds and gold bullion at their bottom with interest and capital appreciation due to centralbank rate cuts, the respective gains would leave gold bullion only a very few percentage points ahead.if one took into account storage expence and higher trading commision rates for the gold the difference would be nill.Add in lower volitility for the euro and you have some very good reasons why gold is not the investment par exellence.When the european central bank decides it is time to inflate to make the euro more competitive and permitt the honoring of pension and health care promises then gold will truelly shine.A few years ago the idea of world CB initiating sycronized inflation was floated.That event would truelly make gold the only refuge.Of corse one can not invest in the equvilent of a euro mine.g

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next