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: Rarebird who wrote (73792)7/22/2001 12:38:42 PM
From: long-gone  Respond to of 116822
 
<<You think Japan or the Europeans are in a position to say No? >>

Really, Europe wants a (somewhat) stronger Euro going into currency release so there will be a broad acceptance of the new currency instead of the masses exchanging their mattress Marks into US$. News reports last week quoted EU officials stating they would prefer something far more near parity for Euro currency release. There is a great deal PR & spin leading up to actual Euro currency & much at stake.

<<I think the Gold stocks are toast next week. >>

It all depends on what the strike vote says later this very day. One can not ignore the math of 16% of world's production.



To: Rarebird who wrote (73792)7/22/2001 12:39:26 PM
From: Square_Dealings  Read Replies (1) | Respond to of 116822
 
Maybe you want to take another look at the POG vs the dollar. It has been inching up even as the dollar increased since April. If other currencies get hammered, others tend to buy gold as an alternative if they dont buy the dollar mantra.

stockcharts.com

M.