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 114.87

+3.6%

Dec 11 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hawkmoon who wrote (27714)	2/4/1999 9:21:00 AM
From: long-gone	Read Replies (1) of 116811

<<I wish people would quit cheerleading gold, given that should gold once again rise to preeminence, it will only be as a result of a terrible economic disaster.>> I disagree! At some point, the demand based on population growth for the gold useages of jewelry, medical, & industrial(main is electronics) will outstrip supply - even were the Central Banks to dump every ounce. Electronics use is growing with every passing day. A preeminent status gain due to basic demographic demand would result in no sestimic damage except due to those that were excessivly leveraged on the short side. Were I able to have found a reference to it on-line I would have posted the Chimp-HIV link being discovered. This will (over the next 3-6 years) lead to a cure, which will lead to an increased demand for most every commodity from population growth. In most of the world, HIV kills as many the hetro-sexual(reproducing) as the Homo-sexual (non-reproducing) population. Remember, there is a school of thought which believes the "great depression" deflationary cycle was begun(in the greatest part) by the population loss due to the early 1900's US Flu deaths and WW I deaths and technological advancements in commodities production. This school believes it was the coupling of lower population growth rates(near negative for a two years) and with industrial revolution based productivity gains which threw the supply/demand equation asunder. The monetary policies of Central Banks and excessive leverage in our stock market only exacerbated the situation. It's the demand. The current spread of AIDS and other "new" deadly diseases have been slowed. This can be seen (and has been heavily reported) in decling the growth rates seen in the funeral industry - the #1 & #2 have publicly traded in this sector have missed earnings estimates two quarters in a row and are forecasting lower growth rates.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next