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

To: goldsnow who wrote (4579)	12/21/1997 4:50:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116815

Goldsnow - "The Rothschild team is positive about the energy and metals (particularly aluminum) sub-sectors, but less enthused by gold and diversified companies, like BHP"????? I don't know who the Rothschild's are, but based on that statement I suspect this thread is overestimating their financial acumen. All world economic indicators--from slower forecasted world economic growth, Asian recession (depression), lower long term rates in the U.S. even as short term rates rise, falling commodity prices, decreases in assets valuations coming despite very easy money, decreasing proportion of M-2 to M-3--all of this suggests deflation on the horizion. During a serious deflation commodities like aluminum, copper and foodstuffs generally get trashed. Only gold and silver--i.e., the metals traditionally used as money--rise. So I would say that contrarian prognostication is the exact opposite of the truth.