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 94.04

+0.6%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ahda who wrote (16509)	8/24/1998 11:16:00 PM
From: Alias Shrugged	Read Replies (2) of 116764

Good question, Darleen. People haven't started to question the general concept of paper currency; they are simply migrating towards the stronger currencies. I am sure this sentiment has been expressed here before - gold and commodities won't take off until the dollar is weakened. It will take a pretty massive failure in debt/derivitives/etc. to really smack around banks, hedge funds and some countries/govts. But the conditions for a "pretty massive failure" do exist. If Greenspan, Rubin and all the rest of the King's Men are able to keep things together, gold may move nowhere. If they can't, the upside seems substantial; while the upside for other financial assets would be ??? Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next