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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 389.75+0.5%Dec 1 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jacob Snyder who wrote (40043)9/17/2008 10:56:27 PM
From: TobagoJack1 Recommendation  Read Replies (8) of 218131
 
just in in-tray

gold +35-45 bux right now off the Comex close.....imo the longer the ruskies keep their exchange closed, the higher gold goes

The oligarchs and other (now much less) rich guys are buying what they can, is what I heard this morning from a reliable source

don't forget the Russian banking system basically not functioning right now as well...not that ours is working any better

Sentiment towards gold is now shifting from being an inflation hedge/commodity to being a value hedge imo, which is at the very least what you need for it to go higher in this massively deflationary scenario we find ourselves in....now if you can add worries over fiat currency deval, you have the ingredients for a truly explosive move

I just got back from the gym and all the talk in the locker room was what this mess means for the economy not to mention portfolios

Some well heeled individuals are worried about what their statements will show month end

The comments I overheard were mixed with anger over how this could have happened and how stupid Wall Street and these fund mgrs were

The big selling I fear is yet to come as true fund redemptions and liquidation of portfoios start

After that, expect a big increase in financial industry regulation to accompany the deep global recession

It's the end of an era

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News