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 : Beat The Street With SI Traders -- Ignore unavailable to you. Want to Upgrade?

To: No Mo Mo who wrote (32260)	3/9/2010 11:57:33 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 233807

Indeed. So we should stick with fundamentals and forget about occasional emotional statements. This being said, not all juniors are create equal. And many will go down. The best one will go up.

To: No Mo Mo who wrote (32260)	3/9/2010 11:09:47 PM
From: Cogito Ergo Sum	Respond to of 233807

As I understand it official world gold holdings are about 29,633.9 tonnes (1000KG ?) containing 32,150.72 troy ounces each tonne. usagold.com usagold.com gold.org so that gives 952751221.408 ounces @ say 1125US/oz goldprice.org giving 1,071,845,124,084 dollars (about 1.07 trillion) which is less than half of China's foreign reserves (approx 2.4 trillion) todayonline.com Interesting... Even if China tried to pull a Hunt Brothers on the gold market.....