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 113.74

-1.2%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: long-gone who wrote (23199)	11/20/1998 4:17:00 PM
From: goldsnow	Read Replies (1) of 116836

Richard, that is all true, but IMO POG really did not change all that much except in dollar terms....Now unlike any other commodity Gold forecast shortage of other stuff in terms of Dollar...IMO re-inflation or new cycle is not really avoidable..of course population growth is a major factor...the only difference in stocks (any good stock-even Rumbus:)) that competition for the product may kill it...Gold not only low, but has no at times of inflation....Oil may be even better buy though especially in view of imminent recovery and imminent Middle East crisis...take 2-3 year horizo...remember 1995? remember juniors going-up 200-600%? It is really easy when time is on one's side..:)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next