SI
SI
discoversearch

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.
Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (23889)12/19/2002 3:15:07 PM
From: Canuck Dave  Read Replies (2) | Respond to of 36161
 
Yeah, probably true most of the time.

It seems a lot of people are thinking along the same lines. GG taking a pretty good hit today despite the good announcement and the spot price being up day over day.

I toss a mental coin and that picture of a Chinese woman buying a little gold bar keeps popping into my head. It's been at least 50 years since ordinary Chinese citizens have been able to buy and sell gold (at least legally). Given their long history with paper money defaults, will this create a real change in the gold equation?

I don't know, but the odds aren't compelling enough for me to unload today. Caveat Emptor as always.

CD