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: Phil Jones who wrote (78285)	10/11/2001 9:32:04 AM
From: Richnorth	Read Replies (1) \| Respond to of 116753

You might be right. But earlier projections (before 9/11) done by some observers had it that gold has to touch $250 before going back up. The US is doing its utmost to make 9/11 look inconsequential. Bush is throwing a billion here and a billion there, seemingly with gay abandon, to jumpstart the economy and to restore public confidence. All those greenbacks printed out of thin air is inflationary and should favour gold in the long run, don't you think? Of course, there will always be manipulation/intervention as we have seen the last few years. If there is collusion in the West to maintain continuing strength and interest in the US dollar, gold may have to take a backseat for a while longer. I am not looking forward to another terrorist attack. But if it happens again, gold can be expected to go way way up.