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: Rarebird who wrote (72685)	7/1/2001 1:44:57 PM
From: Ahda	Read Replies (1) \| Respond to of 116791

Hewlett-Packard Asks Its Employees To Volunteer for Cost-Cutting Moves By Donna Fuscaldo Dow Jones Newswires PALO ALTO, Calif. -- Computer and printer giant Hewlett-Packard Co. asked employees Thursday to take pay cuts or vacation days between July and October, in an effort to meet Wall Street's expectations for its fiscal third quarter. Interest rates are not going to work in my opinion. You can dole out all the ease of money you want to. Due to the bubble, companies aren't going to compromise their own positions with dubious investment dollars when they are experiencing the inflation the fed does not see as existing. The nations economic front and economics theory, to me are in conflict

To: Rarebird who wrote (72685)	7/1/2001 2:26:40 PM
From: baystock	Read Replies (1) \| Respond to of 116791

<The more interesting question (rather than elaborating on all the manipulations that take place) is to determine when the financial powers in the U.S will lose control and the POG will be able to trade freely. My gut feeling is that we may not be far away from this occurring. I think for Gold to enter a Bull Market will require a recognition that far from there being an economic recovery in the second half of this year, > I agree with you that it is not interesting anymore to debate whether there are manipulations going on. Gold will enter a Bull Market when investment demand overwhelms whatever selling is out there. A good leading indicator for investment demand in gold is the gold mining shares, which have been in a bull market for over 7 months now. Unlike the gold bullion market, the gold share market is not distorted by jewelry demand or central bank selling. A 5 year chart of the HUI shows this current rally in the gold shares to be the most significant by far, and clearly not just another bear market rally. As you have called it several times, this is a bull market in the gold shares, and in my opinion it is projecting a bull market to come in gold bullion. Also I find myself to be in disbelief of this bull market in the gold shares, and keep expecting a correction to wipe out all the gains. I have taken some profits in my gold shares and have to fight the strong temptations to sell out. I didn't have this problem during the past bear market rally's, such as the one in 1999, which my emotions told me was the start of a bull market. So I offer myself as a contrarian indicator, as further proof that we are currently already in a bull market in the gold shares and that a bull market in gold bullion is around the corner <g>.

To: Rarebird who wrote (72685)	7/1/2001 6:15:36 PM
From: Crimson Ghost	Read Replies (2) \| Respond to of 116791

The key thing for gold is not so much whether the dollar goes up or down 10% (though obviously this is important) but how much longer can the world tolerate the current international monetary system which gives the US tremendous advantages enjoyed by no other nation. It is this monetary system that has made the prosperity of many nations depend upon the US ability to run huge trade deficits year after year -- thus enabling Americans to live far beyond their means. The designers of the system were clever indeed -- making the prosperity of others dependent upon their ability to help US consumers live beyond their means. But all good things come to and end, and the current international monetary regime simply cannot last much longer IMHO. It is nothing more and nothing less than an instrument for US international economic hegemony.