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 Derivatives
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zardoz who wrote (27)9/27/1998 8:47:00 AM
From: Bobby Yellin   of 39
 
Hutch:
wondering if we have seen one big drastic change..with the too big to fail meltdown in Russia..and now tremors in the hedge funds which might get caught up in tidal wave..(don't think that bailout was "crony capitalism" at work but rather terror of something much bigger than the savings and loan bailout here..just have a feeling a lot of unwinding of hedge positions are going to be taking place rapidly and probably masked by a rallying Dow)..also with South East Asian countries beginning to put restrictions on their markets..less wild west to play..also Brazil is still teetering with the market going up
but with money flowing out..
PAPER IS NOW BEGINNING TO BE VIEWED AS PAPER ..can't believe
dollar will be viewed any longer as safe haven..am assuming there is
little confidence left among the big players..am also assuming that
Buffett is salivating..waiting to pounce with his nine billion of investing money..
just seems like a perfect time for gold..confidence appears to be totally shattered in the hedging casino..gold offers a lot more transparency..usually bull markets are started when there appears to be just a temporary excuse for a blip up..gold shares did move up with that huge up day in the Dow before the terrifying news on how leveraged by hedge fund was..
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