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.
Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (11384)10/22/2003 1:07:27 PM
From: Kirk ©  Respond to of 207855
 
maybe just one of those "give or take" days where today is the low?

Wed after perspiration Friday or something. :)

WAVC and CACS in the green today. Indicates to me money flowing to better value perhaps?



To: Rich1 who wrote (11384)10/22/2003 3:49:29 PM
From: Chip McVickar  Read Replies (1) | Respond to of 207855
 
Here's a "gold bug talking head" Gold scenario (and commodities) that goes something like this...
Gold, etc has been manipulated down by prior administrations for a number of years.... to protect the dollar, fiat currencies, sustain high levels of debt and control inflation... But this new bunch of joy stick riders are rewritting the book and have slowly been ending the practice as it doesn't fit their views... wheither this is good or awful prospect for our countries future....
I won't venture an opinion.

In any case the shorts have been slow to understand the old game is up... and they've been adding shorts in disbielf... at some point they will understand that gold is floating freely and the price will punch above $400 on it's way to $1000.

IMO Gold is still price relative to 30 bond yields
stockcharts.com[e,a]maoannay[d19900122,20031022][pf][iuj[$tyx]][J19437773,Y]&pref=G

30 year bond channel....
stockcharts.com[e,a]maoannay[d19900115,20031022][pf][ilh14,3!la9,21,6!lb14][J12619530,Y]&pref=G

Look for lower yields on the 10 year bonds
stockcharts.com[w,a]dcoannay[dd][p][iUj[$crb]!Lb14!Lb5!Ld21][J19436721,Y]&pref=G