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 (63639)	2/11/2001 4:11:51 PM
From: lorne	Read Replies (1) \| Respond to of 116753

OT.Japan: Failed bank execs to be held accountable. February 12, 2001 " The arrest Wednesday of four former Niigata Chuo Bank executives, all charged with aggravated breach of trust under the Commercial Code, means that the management of all seven banks that have been declared bankrupt since the Financial Reconstruction Law was enacted in 1998 will be held accountable for their actions. " " The failure of the seven banks traces back to the practices of the bubble economy of the 1980s. " Full story >>> Scroll down to "Society" yomiuri.co.jp

To: Richard Mazzarella who wrote (63639)	2/11/2001 6:53:42 PM
From: d:oug	Respond to of 116753

Doug, some UK gold happy talk: a.k.a. Gold Reallly Sucks news.ft.com Gold has become a marginalised currency that is still in search of a new - and probably much lower - fair value. Richard, might it be best if you dump those shares in companies that have great possibilities for that event called "metals on the table" and replace them with the ABX(s) of the world that have sold forward their next 50 years of gold at $289, so that if one converts this price using inflation in a reverse manner to calculate what $289 represents today 50 years from this today using inflation, then that one ounce of gold 50 years from today will have a price of $289 in 2051 which would equate to a price of gold today at 47 cents. In the year 20...(was this a hippy song in the 1970s?) In the year 2051, a gold bar will cost same as a bar of lead. Which means somewhat likea change lead into gold. d:o)