SI
SI
discoversearch

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: Hawkmoon who wrote (66278)3/20/2001 6:31:05 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 116764
 
Excuse me Ron, did you see anything today that benefited from the half point rate cut? I think Rare is right--the market will be weak and more rate cuts will be needed to get anything going. Gold, in the mean time might prosper.



To: Hawkmoon who wrote (66278)3/20/2001 6:51:02 PM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 116764
 
Ron; nothing personal - but, you're an imbecile...

We're not buying bullion Ron; we're buying gold mining stocks that are highly leveraged to the price of gold... no one I know is playing the 11% bullion move & if we were it would be levered futures/options & we wouldn't be buying Kuggerands at the corner coin shop and then flippin them for the potential 11% - costs; later - roflmao ?

PS: Kudlow has been on 3 media outlets this afternoon and today on CNBC he merely reiterated what he said yesterday - and he DID say he thought we would see a $30 move in Gold - because the Fed is OBVIOUSLY liquifying the economy Ron - hello ?

Do you think Kudlow is in doubt about the Fed liquifying the economy ? - read & think about what you said.

Now you can say Kudlow is a moron and that gold won't move when the Fed liquifies & re-flates; but you can't say Kudlow didn't say that - because he did. He said the Fed must and is liquifying & reflating and when it does - we will & should see a $30+ pop in the POG - period.

... and as far as "no where, is anyone expecting, nor should they expect a major move in the price of gold " ?

... I'll be nice:

- what are you smokin ? no one can be that stupid - straight ?

Many commodities move in very broad cycles; 7 even 20 year cycles... for all the gold naysayers; please explain to me what has happened since 1998 that has permanently changed the POG environment that Gold & more importantly XAU/gold stocks will NEVER return to their normalized trading range ?

Are you telling me that the XAU will never see 72 (= a 50% pop from here), or XAU 100, or XAU 150 ever, ever again - roflmao ?

Ron; you can be bearish on gold; but have a freekin clue as to why ...sorry; if I seem rude - but, I heard the same moronic arguements about Oil 2 years ago when I was buying OSX 48 & Oil was $11 and morons like you were talking about $5 Oil & the endless supply glut...

Christ... nothing wrong with being a bear - but have a clue why you are one...



To: Hawkmoon who wrote (66278)3/20/2001 8:40:58 PM
From: re3  Read Replies (2) | Respond to of 116764
 
other assets ? name 3 big guy...you name 3 non gold stocks that can outpace the xau from here on in...