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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (4338)10/2/2002 11:11:14 PM
From: AugustWest  Read Replies (1) | Respond to of 57110
 
Just some charts and graphs I thought I'd dust off.

chart.yahoo.com
bearmarketcentral.com



To: AugustWest who wrote (4338)10/2/2002 11:28:18 PM
From: farkarooski  Read Replies (1) | Respond to of 57110
 
<<Of course I'm saving my silver and gold for the days I have to shave pieces of it off a bar when I go buy food or supplies>>

there are tons of food on those ships along the California coast line ... go get some !!!



To: AugustWest who wrote (4338)10/2/2002 11:53:31 PM
From: PuddleGlum  Read Replies (3) | Respond to of 57110
 
Ho! Those were some posts from Casaubon and bobby beara, long-time no-see-'ums for me. I won't argue with the positive outlook for gold more than a month or two out. I s'pose I should nab some more bullion since I have very little to speak of. And those high dividend payouts on some of the miners might be helpful when trying to pay for some of them expensive groceries.

g'night all.



To: AugustWest who wrote (4338)10/2/2002 11:59:55 PM
From: Peach  Read Replies (1) | Respond to of 57110
 
Another interesting view on Gold...

[Disclaimer: I am totally in cash and own no gold at this time.]

financialsense.com

"A Warning
If gold trades above $529, without a meaningful intervention that cures the down spiral, then technically gold is destined to play its role as the final market solution to balance the balance sheet of the USA by trading at $1459 to $1700. This will only occur if there is a meltdown in the derivative market with attendant, unthinkable economic implications. The reason gold will perform like that will be the short cover of massive proportions resulting from the unfunded, specific obligation contracts, called gold derivatives melting down. Once that short cover is completed, who will pay those prices for gold? No one. Gold will decline from those levels with a vengeance only witnessed in its rise."