Gold and Silver Juniors, Mid-tiers and Producers 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.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: loantech who wrote (45849)	7/28/2007 12:06:04 PM
From: koan	Read Replies (1) of 78424

Tom, we have three variables. Stock market, dollar and gold. If the stock market keeps dropping, more and more money will move to the bond market, strengthen the dollar and gold will fall. The only thing that could change this is if/when people no longer see the dollar as the flight to qulaity or the inverse correlation between gold and the dollar changes; and we have not seen either of those events yet. Remember, just a few days ago the dollar dropped below 80 (and gold and silver rose) and is now at 80.81, and both gold and silver have dropped following rise in the dollar.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next