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Gold/Mining/Energy : At a bottom now for gold?
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To: Ironyman who wrote (1083)2/6/1998 4:57:00 PM
From: Bo Bob Brain  Read Replies (1) of 1911
 
Many times when a high profile investor announce
that they have accumulated a large position in whatever stock or commodity, it is because they want to unload it to the general public. Soros did this with gold in 1993. Whether Mr. Buffet
plans to do this remains to be seen. He is noted as a long term
value investor, but is also a master short term trader. The profit
taking in silver today was no surprise given the dramatic increases
of late. Closing above $7.00 was a positive. Gold closed at exactly $300.0000000000000000000000000000000000000000000.
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