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: long-gone who wrote (37977)7/29/1999 11:07:00 AM
From: Hawkmoon  Read Replies (2) | Respond to of 116759
 
Richard,

They are trading "paper gold" in a liquid market.

But alas, when the BOE decides to sell off 400 tonnes over a period of years, the gold market TANKS!!!! Look what happened from their May announcement to the time they actually sold their first installment... No wonder the goldbugs are running scared.

That indicates an illiquid market in physical gold.

Regards,

Ron