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 Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (37058)7/12/1999 7:34:00 PM
From: Don S.Boller  Respond to of 116770
 
Rarebird: "the endgame is very near at hand. SO IS A BULL MARKET
IN GOLD"...........Far be it from me to question your strong
opinion. However, has a old timer (got my NYSE ticket in 1962)...
I kinda tend to follow the advice of Will Rogers (when asked how
he made so much money in the market) - "If it don't go up -
don't buy it."
BWDIK
Best,
Don



To: Rarebird who wrote (37058)7/12/1999 8:09:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 116770
 
How often is the threat actually carried out in its severe form if the child disobeys? Seldom.

Rarebird,

Interesting commentary and analysis.

But wouldn't a rise in the price of gold then remove the best arguments that now exist against CB and IMF sales, namely how they are injuring the gold mining industry by dropping the bottom out of the POG??

Now that the cat is out of the bag, any upswing in the POG will provide CBs the ammunition to say "see... we have to sell gold now since you all complained about how we were crushing the price selling out little 'ol 25 tonnes of the stuff, and we can do it because there is price support".

And then the cycle will begin all over again.

Regards,

Ron