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.

Gold/Mining/Energy : FSCNY -- Ignore unavailable to you. Want to Upgrade?

To: B Hamilton who wrote (34)	12/12/1997 10:20:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 52

Ham, maybe some of the mo players who have left the tech sector will see short squeeze opportunity in gold mining stocks, could happen end of December early Jan and when tax selling dries up. ABX had big April 98 call volume today with share buyback announcement. They could point to the silver price jump and rally around the currency stuff to hype gold. >>>with all the trouble in Korea and else where Gold has not risen yet.<<<< Not being of the canned food cult, you probably haven't read Prechter's work. He is predicting gold at $100 in an extreme deflationary environment. If you look at the prospective price for chips, with currency devaluations, this scenario may not be that far fetched. The American Semiconductor Industry may be in for some more cruel and unusual punishment, while this currency thing works itself out.