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: SwampDogg who wrote (43920)10/26/1999 1:09:00 PM
From: Giraffe  Respond to of 116764
 
I don't know if its an 'efficient market argument' just that the market is the market is the market. There doesn't seem to be any point in getting worked up about where the gold price 'should' be if only it wasn't manipulated, hedged, ignored etc etc. I believe that if the price 'belonged' at $400 today it would be there.

Personally I think it will go to 400 in the not too distant future but so far the gold market has failed to follow my instructions.