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 : Newmont Mining(NEM) & Newmont Gold(NGC) -- Ignore unavailable to you. Want to Upgrade?

To: Traveling Man who wrote (513)	5/24/2002 4:40:11 PM
From: freeus	Read Replies (1) \| Respond to of 587

reI wonder if they'll dump if gold reaches $400 If they are like all the rest of we investors they'll probably buy it then. LOL Freeus

To: Traveling Man who wrote (513)	5/27/2002 2:51:37 PM
From: FuzzFace	Read Replies (1) \| Respond to of 587

Most of the price of jewelry is in the labor and markup. In Feb last year, I bought some nice pieces of Italian 18K gold jewelry. I weighed it and did the math. 1/10 the price of the pieces is in the PM. Gold will have to be $2500/oz before I even break even. But then I don't buy jewelry as an investment, and I doubt others in the US do either. The vast majority of gold jewelry I see advertised isn't even 18K. 10K and 14K are typical. No one is going to turn that junk in, except the very ignorant. But Asia is another story.