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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (3527)11/19/2002 11:06:10 AM
From: Claude Cormier  Read Replies (1) | Respond to of 4051
 
Wayne, I don't know if they would do it. Gold was $850 in 1982 and they took no action.

<4 digit gold would destroy the USD.>

I think it is the other way around. Gold will reach 4 digits because the USD will be going down big time.



To: TheBusDriver who wrote (3527)11/20/2002 2:42:26 AM
From: jrhana  Respond to of 4051
 
<What if the US gov't outlaws the ownership of gold and limits the price again?>

I think it would be much harder today because everyone would make a huge stink on the internet.
I can wait five years to see 4 digit gold. Again Russell is calling for the DOW/gold ratio to hit one again-I think around $3,000-when I am not sure.


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