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To: orkrious who wrote (253925)8/4/2003 8:00:46 PM
From: CharlieChina  Read Replies (1) | Respond to of 436258
 
Yes and No, we are in a potential World liquidity crash, and hence, Gold may not hold its own. I was extremely bullish on Gold till 2-months ago. Now, I will wait till it shows its head above $400 and hold.



To: orkrious who wrote (253925)8/5/2003 11:57:35 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
The problem we are facing is that there is a concerted effort of all CB's to inflate and then to stabilize the market.

Financial markets are very volatile at the moment and I am not sure how gold or gold stocks will act as the CB's also control the gold market and may decide to sell gold in huge quantities .

If Europe is recovering as it seems to be, we may have less volatility and gold will make sense.

BWDIK


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