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: Crimson Ghost who wrote (54574)	6/18/2000 12:52:00 AM
From: Little Joe	Respond to of 116841

I wish I could post the charts to prove it, but it is not at all unusual for the price of gold to lead up or down. However, the XAU is often good at signalling turns as it often shows strength or weakness just before the gold market turns. Live long and prosper, Littlejoe

To: Crimson Ghost who wrote (54574)	6/18/2000 5:45:00 AM
From: TheBusDriver	Read Replies (1) \| Respond to of 116841

<<According to THE PRIVATEER, gold has usually outperformed gold stocks>> Well it sure seems that way just now. I never have been one to buy and hold the metal itself. Always have bought the stocks. I though XAU was susposed to lead POG? Maybe I got that wrong. With all the "outside" forces having their effect on gold I am not surprised that major gold stocks are range bound. Everyone is gun shy. I have a friend who is a pretty active trader, he likes PM stocks as well as "regular" equity stocks. He is avoiding gold shares until he see a signifant move, like $50, and POG to hold that (as you say) before he will consider investing. This is attitude is typical. I am thinking to subscribing to the privateer. How do you like it? Best wayne