Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (46780)	1/6/2000 9:50:00 PM
From: Machaon	Read Replies (2) \| Respond to of 116764

<< Were those very rules "published" in a public forum(or were some "investors" simply SCREWED?)? >> You caught me in a misstatement. I don't know the rules of the game. Of course, your point is that investors are getting screwed while governments manipulate and destroy the "free" market for gold. Again, I don't know all of the mechanics, but I firmly believe that many world powers are against gold so that they can convince the world that paper currency has some inherent value, and does not need any backing. I also feel that the CBs are going to drive the price down, buy at the low, allow supply and demand to drive gold back up towards $300 and then sell to drive the price down again. Since there is supposed to be a significant shortage in gold produced, versus demand, it should be pretty easy for the CBs to do. So, here I sit, trying to find the bottom of this latest CB gold cycle. I am thinking of picking up a partial position of Fidelity Select Gold Mutual Fund within the next week.