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


To: Ken Benes who wrote (73304)7/12/2001 12:58:27 PM
From: marek_wojna  Respond to of 116759
 
You have many valid points in your reply, and I understand now your position much better. Thanks.
IMO stocks around the globe found themselves in the same dead trading range what gold except they have much more room yet to the south. Like gold they being bought and sold on slightest profits. Hardly anybody will invest now and hold, it's a transformation from investing to gambling. Rapid internet trading helping lots. There is no more store of value, I don't have a single doubt that greenback days are already counted, we'll be very lucky if an alternative is ready on time.
As for oversupply of gold - I wish to know of anything in this world which to keep with the demand CB's of the world have to dump their reserves. Can anybody name any product which cannot be put into such mass production that within a year there could be five years supply.

marek



To: Ken Benes who wrote (73304)7/12/2001 1:18:50 PM
From: Tom M  Respond to of 116759
 
why would gold be the only market with negative news not priced in?