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-XAU
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: philv who wrote (913)1/13/1998 6:05:00 PM
From: Hugh M.  Read Replies (1) of 1756
 
Hello Philv, I have heard several rumors with regards to the Saudis doing most of the gold buying at these prices. From a macro and global perspective, what value would this be to them, are they accumulating to sell into strength, or is it just that, a rumor. Sorry to put you on the spot, but you seem to have a grasp on what might be going on. If anyone else has comments, I would also be interested, thank-you.

Regards Hugh
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