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.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: carranza2 who wrote (79103)1/24/2008 11:11:23 PM
From: Real Man  Read Replies (1) of 94695
 
Gold is a currency that can't be printed, so it can be viewed
as stable. When the purchasing power of the dollar falls,
gold price rises. The same with oil or CRB. In that sense,
I don't think there is such a thing as a bull market in gold.
It just stays put. An old-fashioned view anyhow. Of course,
it fluctuates and can be manipulated, since it is a small
market in which Central Banks are the major players and
major owners of all the gold. But that's the real reason
they are -g-
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext