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 113.82

-6.4%

Dec 29 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PaulM who wrote (5475)	1/9/1998 12:43:00 PM
From: Bucky Katt	Read Replies (1) of 116835

PBM-- Gold is down 'cause of no buyers of any size. And that is 'cause of the strong dollar. I like 225, and would go long futures at that point. We may see it. And we may not. I am not in a hurry. Never underestimate the power of mass psychology. You can see the non-logical result that is playing out in the gold market, because of a concerted gang-bang by central banks the world over. Mention any investment in gold to anyone, and what do they reply? So, the mass psychology is working. They even got the S.Koreans to give it up without a shot! There is no link at present between gold and silver. The run-up in silver was a manipulative silver play.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next