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.

Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (7122)	3/19/2003 2:31:58 AM
From: LTK007	Respond to of 11447

learn something everyday, here's a good rule of thumb. <<One of a number of ingenious arguments Turk adduces: "Generally speaking, when the XAU costs over 10gg [grams of gold], the XAU is expensive relative to gold and should be sold. Also, when the XAU costs less than 6gg the XAU is cheap and should be bought. Today, the cost on the XAU close was 5.71 gg..." But, Turk notes, this is not quite as cheap as it was in October 2000, when he gave a buy signal. Although it was pretty darn close. He adds "a word of caution...don't 'bet the ranch'.">>