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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (63900)	2/17/2001 9:06:04 AM
From: Richard Mazzarella	Respond to of 116764

George, I agree with Zeev, gold is simply a commodity. However, it can become a tulip if the market is convinced that the bottom is in and there's no other direction for gold to go, but up. 401k money is looking for appreciation. When everything else looks sick, gold will appear a reasonable choice. Tulips are pyramid schemes that never go away. I would be happy if someone found a significant new use for gold, something to justify increased value, but being a tulip's cool.