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

To: Gabe Heti who wrote (93788)2/25/2003 10:36:02 PM
From: Ironyman  Read Replies (1) | Respond to of 116756
 
Gabe...Gold will swell in price simply from people looking for a place to preserve value. Then there is that little problem with production being TEN YEARS BEHIND DEMAND. This is what happened when housing construction almost stopped from 1988 through 1998.
---Just like in 1997 when everyone took money out of the banks and were pouring it into the stock market.
Regards,
Eric J. Parde



To: Gabe Heti who wrote (93788)2/25/2003 11:41:08 PM
From: goldsheet  Read Replies (1) | Respond to of 116756
 
> A global depression will depress all prices, including gold

A point I made when folks were wishing for the US stock market to crash.
A little fear helps gold and gold stocks, but a lot of fear takes gold
stocks to get shot just like all other stocks (aka 1987)


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