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.
Gold/Mining/Energy : GOLD: WHAT IF IT IS NOW JUST A COMMODITY?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gunnar who wrote (13)11/12/1997 8:25:00 PM
From: MUDMAN   of 22
 
Marten: When one thinks of all the things going against gold right now (unrelenting central bank sales, low world inflation - even talk of deflation, booming paper asset markets, the development of financial hedges through deivatives etc...) its amazing that gold still trades with a $300 (not by much) handle. The problem for those of us waiting for the "big turn" is that gold has been the ultimate contrarian investment for a decade now. I am a firm believer that the safest time to buy a market is when the last seller has sold - total market capitulation. Unfortunately, the central banks are the last sellers and they aren't gonna be done for a while. I do hope I'm wrong. Mudman
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext