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 109.28

+3.8%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bobby Yellin who wrote (18562)	9/12/1998 10:46:00 AM
From: goldsnow	Read Replies (2) of 116790

<< wonder if commodities will be the better play than gold..>> Don't think so...At least short term people would still try to sell what they got to get dollars as their currencies continue to collapse (that is Latin America now) But at some point they will all have to rize against dollar as USA goes into deep recession (no new paradigm ahh?).. Gold is scarce therefore it can't be produced with efficiency of say oil or coffee..thus the costs of production even if low do not matter much , except for lower overhead for mining companies...And France and Germany are in no mood of selling Gold now..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next