Booms, Busts, and Recoveries 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 : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (43840)	12/23/2003 8:24:30 PM
From: BubbaFred	Read Replies (1) of 74559

European Central Banks selling or planning to sell gold reserves? Possible stagnation in the 390-410 area for several months? " - "Thin holiday markets have the potential to exacerbate any corrective down moves," says the analyst. "Like the euro, gold can correct a long way without fundamentally damaging its long-term uptrend. $370 per ounce is not out of the realm of possibility. Recent rumors that one or another central bank may begin selling the Midas metal again probably won't help matters either." - It's true, rumors of renewed central bank gold sales next year are starting to surface. But at this point, they are merely rumors. As for the euro, investor sentiment is beginning to shift in favor of the dollar. Some of the short-term - repeat, SHORT-term - sentiment indicators are showing that the dollar is overdue for a rally. " siliconinvestor.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next