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: Zardoz who wrote (79499)	11/21/2001 2:38:33 PM
From: Real Man	Read Replies (1) \| Respond to of 116753

"And gold makes a lousy currency" Only 13.5x stronger than the buck since 1920-s -g- But I agree, gold has been quite bearish lately. I guess it's because of excessive gold supply growth -g-

To: Zardoz who wrote (79499)	11/21/2001 3:20:22 PM
From: marcos	Read Replies (1) \| Respond to of 116753

Gold is the essence of stability, defines the term, there can be nothing more stable than The Standard By Which All Else Is Valued ..... where you're being led astray is in your choice of terms - when you say 'gold is going to 250' from 'its current price' what you mean in real terms is that the esoteric concept called 'The US Dollar' is going to rise in market price from ~0.0036oz to ~0.004oz So why would it do that, which of the USD fundamentals have improved? ... i heard they were cranking it out at flank speed, there certainly doesn't appear to be any lack of supply ... so if the USD did spike up that high, what are its chances from that point on?