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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Secret_Agent_Man who wrote (82466)2/23/2002 11:34:23 PM
From: Graystone  Respond to of 116753
 
Mothballs
or
Plateaus of profitability

I can see that some mothballed properties might be worth reopening once gold hits $5000.00 an ounce.

I notice he carefully avoids mentioning silver, that is because silver will go down as gold goes up. When gold blows through $3000.00 I expect silver will be free.



To: Secret_Agent_Man who wrote (82466)2/24/2002 12:03:02 PM
From: long-gone  Respond to of 116753
 
<<In a scenario that will send chills up and down Wall Street and Main Street>>

While $6000 gold might scare Wall Street, Main Street in some cities(OK, to be more exacting "towns" not "cities") would either little note or would be dancing on tables if gold hit even 10% of that number.