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

To: Hugh A who wrote (92727)	1/21/2003 9:41:44 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 116792

I believe good earnings will carry the day. FCX was first, but not last.

To: Hugh A who wrote (92727)	1/21/2003 10:43:29 PM
From: marek_wojna	Read Replies (1) \| Respond to of 116792

<<Or is it time to get physical?>> I'm prognosing the winner for past couple of years. Pure metal. Memory of dot.coms. are too fresh in many investors minds to go after another paper rally. Stocks like Goldcorp, who has huge physical reserve already mined should do OK, but than again if people feel the coming chaos no stock or fiat money will be safe. Geopolitical situation is actually worse than during the cold war. South America at the boiling point, with Brazil, Argentina openly blackmailing IMF, turning their course to the left. Others looking at Castro as a model. States cannot do anything about N. Korea who is using nuclear threats. China might as well decide to take over Taiwan while the world is busy talking or fighting Iraq. The lesson with the spying plane told the Chinese gov.'t. US will avoid the conflict at any price. Add Iran and other bunch of "evils" and the picture is less than clear. Something like runaway train picking up the speed. We might have a nice rally in gold stocks if the situation clears up, or brokerage houses become desperate with the already confirmed outlook for the net outflows of funds.