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 (48890)	2/12/2000 2:08:00 AM
From: PaulM	Read Replies (1) \| Respond to of 116762

Saudis Tighten Reins on Oil to West canoe.ca

To: long-gone who wrote (48890)	2/12/2000 8:07:00 AM
From: Rarebird	Read Replies (1) \| Respond to of 116762

<Some of even those living in the light questioning the government numbers> The Auto stocks are not exactly in favor these days. GM fell over 10% this past week and broke below its 50 day moving average for the first time in 4 months. Ominous? The longer the POG can stay at these levels, the more investors will reconsider allocating money to the gold mining stocks. At the moment, hardly anyone thinks this rally in the POG will hold. Call me old-fashioned, but I'm looking at the Dow Jones Industrials and the Transports and their on the verge of flashing major major sell signals if they don't rally next week. As for this obsession with high tech and the Nasdaq, this is clearly indicative of the final stages of a Bull Market where investors turn to the most speculative issues for profit. As long as human reason exists, just about anything can be rationalized. Isn't there a Reason for Everything that Humans do on Planet Earth? Human Reason has become detached from Morality since the Death of Socrates. The XAU is watching all of this very closely. It remains to be seen whether the long awaited Bear has finally arrived. After all, we have been told that Bear markets have been repealed in the New Era?