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.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (8405)	8/23/2001 1:56:11 PM
From: Chip McVickar	Read Replies (3) \| Respond to of 19219

Hello tippet, Since you asked...<smile>...here's my view. Any strong Gold move is complicated right now, by the dollar, the euro and the middle east. With jewelry demand falling along with weakening international economies, even here there's no reason to buy gold. You'd have made more money investing in the Franklin Hard Currency Fund [ICPHX] that is basically a short on the dollar. (JT...you may want to add this one to your stable) But the run for the dollar is probably over...! Inflation --- Deflation theories have not been proven out and here again no reason to hold gold. But any dramatic lasting surge in fuel prices and cost-of-living increases or any whiff of inflationary signals will get me into the gold markets. But I already own a few companies. My Best, Chip