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 (51575)4/16/2000 1:07:00 AM
From: GST  Read Replies (1) | Respond to of 116764
 
Rarebird: <The number of Comex gold warehouse stocks has more than doubled over the last few months> I too have been puzzled by this -- except perhaps as it might relate to recent auctions or to institutional buying -- but I don't really know. What is done when gold is bought? Do these gold holdings go up when pension funds buy gold?? Presumably institutional investors do not want the gold at the office -- who holds it for them? If I bought gold in tons, I would want it in a warehouse -- is their anything to this idea?



To: Rarebird who wrote (51575)4/16/2000 11:56:00 AM
From: re3  Read Replies (1) | Respond to of 116764
 
<<<The number of Comex gold warehouse stocks has more than doubled over the last few months. What is bullish about that?
imo you are focusing too much on this statistic...the gold equities performed spectacularly on friday. if j6p wants to participate in gold, he/she buys the equities...

got placer ?



To: Rarebird who wrote (51575)4/16/2000 1:29:00 PM
From: Robert J Mullenbach  Read Replies (1) | Respond to of 116764
 
Rarebird, Maybe Gold can go up without Dollar drop. ??

XXXXXXXXXXXXXXXXXXX
gold-eagle.com

Now, here is where our analysis takes an interesting turn. We have been
forecasting a bull market for the U.S. dollar, which has already technically begun,
over the next few years and even throughout the worst part of the deflationary
collapse. Yet we also propose that gold will maintain its value throughout this
collapse and will behave quite bullishly for the most part. Isn't this a contradiction
of terms? Not necessarily. While it is generally true that a strong dollar
corresponds with weak gold prices, and vice versa, it isn't always true. What is
important to remember is that in a deflation the prices for almost all assets are
falling rapidly and relentlessly, erasing the value for most hard and soft assets.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Still say Gold price is based on Psychology of Market.

Fear and greed factors only.

I gambled on what is happening now to markets, But will it increase fear factor for Gold.???
Might get a clue on Gold trading tonight.

if gold starts to move, then greed will set in to make money.

Silver Eagles have been going up for the last two months,

set from 1986 to 1999 was selling for 170. now over 210.

2000 rolls were 180, now over 200+.

maybe it's a clue to silver rise also.

time will tell.