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

To: Zardoz who wrote (87835)7/15/2002 11:09:27 AM
From: marek_wojna  Respond to of 116764
 
Making a lot of sense, Hutch.

<<Don't confuse owning gold, to owning gold stocks. The TWO are not the same.>>



To: Zardoz who wrote (87835)7/15/2002 11:34:13 AM
From: Follies  Read Replies (1) | Respond to of 116764
 
Gold is driven by economics. Under what bases do you believe Gold can rise?

Secular bear markets in equities have been associated with rising prices of hard assets especially gold. I think we are in a bear market.



To: Zardoz who wrote (87835)7/15/2002 11:59:05 AM
From: Real Man  Respond to of 116764
 
I think gold and silver markets are very small, and people have just started to lose money in government bonds, in real terms. The best long-term treasury rate is 5%, while the dollar declined 15%. A little more fear and gold will go ballistic. Barrick will be taken out and shot, along with its gold hedges, on which it will have to default


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