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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: jrinvestor who wrote (2126)9/16/2001 1:07:21 PM
From: marynell  Read Replies (4) | Respond to of 4051
 
Gold will not rally much this week. Governments all over the West will sell gold to suppress the price. I am well aware that they have far less gold than they used to, but they can still rig markets for a while longer. I suspect that the big moves in gold will come later, over the next six months. Wealthy investors all over the world will take delivery of physical gold, and this is what will move gold up. The funds will buy some paper gold, but paper gold is only paper as long as governments illegally intervene.