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 : DROOY Durban Deep- Best S. African Mine -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (582)	2/4/2002 10:53:58 PM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 851

TA - a long time ago I read a piece about the potential of the next Gold bull market... Basically the article stated the potential of $2,000 an ounce (in which case DROOY would probably be in triple digits). The reasoning, of course, is based on gold's historical trading pattern to previous long-term tops as well as general rules of thumbs for new bull markets (3-6x the high of the previous). Truthfully, do you think we are headed down this path? After Enron and the revelations of this week (TYC, ELN, GX, etc, etc), I no longer dismiss the theory given the problems at money centers like JP Morgan and potential disaster looming.