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: Richard Mazzarella who wrote (62624)	1/10/2001 4:36:44 PM
From: Real Man	Read Replies (2) \| Respond to of 116764

That would be interesting - unhedged miners will be eliminated, supply deficit will exceed 1000T, then hedged miners will be eliminated on the way up, then gold shoots up to the sky and more since all the mining industry is closed.

To: Richard Mazzarella who wrote (62624)	1/10/2001 5:53:01 PM
From: SliderOnTheBlack	Respond to of 116764

NEM up on double volume; on a soft XAU day & a down POG day... NEM has had 20+ Million shares accumulated since the Institutional Tax Loss selling abated at the end of Oct. It personifies a "smart money" Gold stock... largely unhedged with strong upside POG leverage, No American exposure and a major index component. That the XAU is holding strong here into a less than exciting POG environment is bullish indeed. Let the Calif Utility collapse send some shock waves thru the financial markets... a little dommino action coming soon imho... who's going to be the next LTC ? What if Greenspeak throws another .50bp cut party & no one comes ? - will that be a reality check ? As Tug McGraw said: YA GOTTA BELIEVE ~! tic toc` - I'm staying in the Pocket... call me Sitting Golden Bull; you gotta allready be in to catch these "V" bottoms - of which we've seen 5-6 in the last 15 years of the XAU. Gold: if not now; when ?