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 : Gold Price Monitor News -- Ignore unavailable to you. Want to Upgrade?


To: marek_wojna who wrote (95)4/28/2004 8:07:03 PM
From: siempre  Read Replies (1) | Respond to of 100
 
marek, your humble advice sounds exactly right to me...
thanx....this gold price "collapse", if indeed it can be called that, may be the opportunity [perhaps the LAST opportunity] to buy gold & silver at these levels....

btw the coordination of the gold-bearish news out of China early today with the COMEX & CBOT raising of margins was definitely no accident....just the latest attack on gold...imo...

snippet from Bill Murphy's MIDAS column...
"The cabal orchestrated their move to coincide with today’s OTC option expiry in gold, which has far greater participation than that of the Comex...
Just to make matters worse, the CBOT raised margins on min-gold last night by 77%, effective today. Silver went up about the same. No doubt it was timed with their attack on the precious metals."

Jim Sinclair counters misinformation from the media on a regular basis....
"My job here is to counter the firestorm of misinformation coming from COT who want to break your will so they can cover their short positions, shift to the long side and manage news in order to jam gold to $529 in your face."
jsmineset.com