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 108.28

-0.9%

Dec 1 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bobby beara who wrote (10612)	4/25/1998 10:58:00 AM
From: PaulM	Read Replies (1) of 116791

Re: whether gold stocks will crash along with others.... I became involved with this thread and gold and gold stocks BECAUSE I felt everything else was headed for an eventual crash. I was encouraged by the fact that: 1. Gold has become progressively more discredited and unattractive during stock markets' 18 year bull run. 2. Conventional wisdom that the bull would never end at the same time that gold has "lost its luster". is now "demonetized". the dollar is "better than gold." 3. As a result, by and large, the people holding gold stocks aren't the same people holding margin in the broader market. 4. Much can be said for the view that 1987 was a G-7 mistake, not a "crash." Not the end of a credit cycle. The govt giveth and taketh away. What is happening now is under no ones control.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next