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: marek_wojna who wrote (68057)	4/21/2001 5:05:08 PM
From: Canuck Dave	Read Replies (1) \| Respond to of 116759

Confidence in the Dollar comes and goes. I'm old enough to remember how it was a bastion of strength in the 50's and 60's, and a basket case in the 70's and 80's. Now it's up again, soon (don't pin me down on exactly when) to come down. When it's getting pounded day after day a few years from now, everyone's buying silver certificates, and all the news on the Dollar is doom and gloom, it'll be time to move on. The whole perception thing is manipulated for the benefit of the very rich insiders and those willing to think for themselves. The pendulum swings the other way one day, but it still might not be for a while. Just my opinion. CD

To: marek_wojna who wrote (68057)	4/21/2001 6:53:29 PM
From: jim black	Respond to of 116759

For those of you not already lurking or posting there, the poster who signs himself as Chugs, Jay, is one of the most insightful and informed on SI...might want to drift over and follow his Asian perspectives on Collapse of 2001 thread. He is in Hong Kong and is the first I consult in am's when I sign on for DD jim black

To: marek_wojna who wrote (68057)	4/21/2001 10:11:53 PM
From: goldsheet	Read Replies (2) \| Respond to of 116759

> since you are such a promoter of gold as nothing more than jewelry I'm a promoter of mathemetics - 80% of gold is used for jewelry and about 5% was investment hoarding (rest fabrication) Weak economic conditions now appear to hit the pocketbook of the jewelry buyer more than the gold investor. A relatively small 5% drop in demand by the jewelry buyer would require over a 100% increase in demand by the gold investor. That's a mathetical observation. Promoters of gold as an investment hav a big job ahead of them to convince the other 80% that gold is more than shiny jewelry. I know gold is more than shiny jewelry, but I accept the fact that 80% of the buyers do not care.