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


To: Zardoz who wrote (66672)3/28/2001 8:34:30 PM
From: Canuck Dave  Read Replies (2) | Respond to of 116759
 
Silver just took a header off the deep end of the pool.... 4.31 Meters... Splash

Are the bears truly right? Are precious metals doomed? You'd think that of all days, with stocks down and interest rates creeping up....

Well, time to bite the bullet on silver and gold stocks and move on. Sayonara, you faithful lot. And good luck.

CD



To: Zardoz who wrote (66672)3/29/2001 8:35:04 AM
From: Rarebird  Respond to of 116759
 
The ECB did NOT cut rates. This places a huge barrier before the Greenboink Fed. If the ECB will not follow the Fed downstairs with its own interest rates, the danger to the U.S. Dollar increases as fast as the Fed cuts U.S. rates.

With Japan and all the other Asian economies going fast into the tank, the Europeans already know that the Asians cannot come to the aid of the U.S.A. by buying their debt as they have been doing for years now. That must be concerning them, because they know that the U.S. debt must be bought by someone.

In REALITY - the only place which can fund the Bush budget is EUROPE.

Got Gold?



To: Zardoz who wrote (66672)3/29/2001 12:17:29 PM
From: Ahda  Respond to of 116759
 
Hutch no matter how you look at this be it employment figures that do confuse the corporate picture of down sizing or technology that has created lower cost products and more availability to all.

A constant product flow is part of this era. This is due to reduced cost which was not part of the era of 29 as basics were very costly to most due to limited production.

We here on the West coast are going to have continued inflation. When you have an increased cost structure the value of the dollar diminishes .

If the new employment figures are accurate then we still are facing added inflation in labor cost.

Corporate downsizing and employment figures are not adding up to create logical sense numbers. It appears we have a new economy where we are all employed fully but we don't have earnings to justify constant employment in the public sector. Yet it is mostly the public sector that does business with the world.

Posted at 7:12 a.m. PST Thursday, March 29, 2001

Soaring energy costs expected to hurt California economy
BY LESLIE GORNSTEIN
AP Business Writer

LOS ANGELES (AP) -- Soaring electricity rates approved this week for millions of Californians mean customers at Tom Creedon's seafood restaurant will be paying more for their Dungeness cracked crab or steamed clams bordelaise.

``When you add another 15 or 20 percent to the electricity bill, it is something we are going to have to pass on to customers,'' said Creedon, who already has seen the monthly natural gas and electricity bills at his San Francisco restaurant rise by $3,000.

Rising prices for food, computer components and just about everything else manufactured in California are part of the expected ripple effect from Tuesday's actions by state regulators.