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: AC Flyer who wrote (68847)5/8/2001 1:48:10 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 116756
 
Because the gold stocks are acting extremely well even as bullion lags. That is the kind of action we saw prior to the strong 1993 bull.

Also do not forget that short-term rates are plunging as the lease rate rises. So the carry trade is being hit with a double wammy -- it costs more to borrow gold while the returns on the proceeds of gold hedging are declining.



To: AC Flyer who wrote (68847)5/8/2001 2:00:16 PM
From: yard_man  Respond to of 116756
 
nice chart -- thanks