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: LLCF who wrote (54062)	6/12/2000 12:17:00 AM
From: Hawkmoon	Read Replies (4) \| Respond to of 116762

Did you read my entire post David? Is it not possible that gold was in a massive bubble, for which it has yet to find its bottom? And just because you think investors will go for gold stocks does not make it so. However, when I see BEARX or the Rydex Ultra-Bear fund being commonly offered in corporate 401K plans and by IRA managers, then I'll grant you gold may be set to rise again. Until then, the monthly and quarterly pension fund money flow will continue to go into those instruments which are made more convenient than others. And currently that the S&P500 and other index funds, as well money markets. People just don't see gold as the best investment right now. Especially with all of the new technological innovation go on at the moment. Bubbles grow, then burst, and the money flow elsewhere to form a new bubble. I'm sorry that the "bubble" you would like to create in the gold market will likely just have to wait a little bit longer. Regards, Ron