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.
Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Archie Meeties who wrote (38636)6/7/2000 9:56:00 PM
From: re3  Read Replies (1) | Respond to of 42523
 
arch i'm running off to home depot to buy a night light, i got a lot of silver under the bed <g>

arch you said<<< overnight the cost of mining gold increased 4 fold and the price of gold tripled. What do you think that would do to you a miners margins?

that seems very extreme, but certainly anything is possible. i've thought about owning some physical gold and actually thought more about silver. do you think most people buy the equities because its just easier or they figure the leverage is greater ?

i still have some mixed feelings about fn but i have a fair bit of it. they have a lot of cash, latest rumour i read on the esteemed yoo-hoo boards suggests that aem may be a target. that won't be a royalty play, i imagine. do you think their royalty plays offer sufficient protection for this debacle you are putting forth here ?

thx



To: Archie Meeties who wrote (38636)6/7/2000 11:18:00 PM
From: LLCF  Respond to of 42523
 
<When the Nikkei collapsed and the Japanese economy along with it, money didn't leave Japan and go to gold. It fled to other equity markets or to cash. >

Message 13844137

Implied that already... don't think he cares to debate that... remember also that there are jabillions of dollars sloshing about the globe as 'reserve currency' that will try to find a home... I don't think Russians will be putting dollars in their mattress as readily as Americans may.

DAK



To: Archie Meeties who wrote (38636)6/8/2000 12:50:00 AM
From: Terry Whitman  Read Replies (1) | Respond to of 42523
 
Did you know that all the gold in existence- all the gold that's ever been mined in history.. could only cover a football field to 2 inches deep. Can you think of anything else so useful yet so limited in supply that you can get for 1/3 the 1980 cost? Maybe silver, that's about it.

It's a no brainer at this price.
BWTFDIK