SI
SI
discoversearch

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.
Politics : Welcome to Slider's Dugout

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Jamey5/2/2007 12:58:14 PM
   of 50156
 
This is good news for gold and silver bulls.

"Between Barrick Gold's announcement today, appended here, and Lihir Gold's announcement two weeks ago gata.org , the two companies have just taken almost US$1.1 billion in gold out of the market.

Maybe that explains the recent acceleration of central bank gold dishoarding news.goldseek.com , since otherwise the gold price would explode and regular central bank money and bonds would start looking even more sickly."

I noticed most of the gold and silver Canadian junior mining stocks are doing good today. This may be indicating today is the time to go long on PMs.

Jim

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext