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: Real Man who wrote (82679)	2/28/2002 5:30:23 PM
From: Square_Dealings	Read Replies (2) \| Respond to of 116766

Next week the POG will catch up with the mining stocks imo. NEM and other majors might outperform the small caps that have already made huge moves. I think the banks and brokerages will buy the big caps as the commercials get long gold. Tide charts project big moves in gold and silver next week, but the gains in the XAU may be more gradual. good luck M.

To: Real Man who wrote (82679)	2/28/2002 10:55:33 PM
From: E. Charters	Read Replies (2) \| Respond to of 116766

Well maybe you are hoping it will go there, like Nixon hoped it would go down. The reality may be different. We are seeing perhaps a long uptrend in gold. The economy and US market is not that resilient. This market shakiness usually accompanies an uptrend in gold. Long term we are seeing a gradual erosion of production worldwide. To keep up this high level of production many more mines than are planned have to come onstream each year. So no matter where gold goes in price, production and gold forward delivery will fall. Ultimately the price will rebound. EC<:-}