Gold Price Monitor 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 Price Monitor

GDXJ 128.07

+0.7%

Jan 16 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (2454)	10/25/1997 3:54:00 PM
From: Bucky Katt	Read Replies (1) of 116881

Tommaso--Well, you bring up an important point--gold was regulated by world agreement for some time. Remember $35 an oz.? I remember my Grandparents telling me of turning their gold in the 30's. Once gold was allowed to be free-market traded, inflation and budget shortages started worldwide, because there is nothing to check govt. waste and overspending. So now they have brought us a realestate/equity/debt bubble the likes of which the world has never seen. We are on the razors edge of either inflation or deflation. The only sure thing is things are going to change with a jolt. Gold from seawater is as dead as gold from sand. I would equate both to making oil from coal. No financial reason to do it, other than to sell stock. WJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next