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


To: paul ross who wrote (92740)1/22/2003 7:25:59 AM
From: Gabe Heti  Read Replies (1) | Respond to of 116796
 
A sharp correction up or down?



To: paul ross who wrote (92740)1/22/2003 7:37:17 AM
From: Mr. Oil  Respond to of 116796
 
My theory: Gold stocks will gradually rise as time shows that the POG is not coming back anytime soon. The market is expecting a pull back in POG but as it continues to rise defying this apparent reason, the market will begin to think it will miss a gold run and then it will start to take off. In other words the stocks are lagging POG right now until the market is convinced that gold is going much higher. Give it two more weeks max. If gold is still above 350, they will start to move. Some stocks are setting new highs already like ELD yesterday. More to come in the next two weeks. JMO.