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


To: scotty who wrote (5757)1/13/1998 10:59:00 AM
From: JD  Read Replies (2) | Respond to of 116764
 
Is something happening....

Gold just jumped up a couple of bucks to +3.85 after being about +1.20-1.60 all morning.



To: scotty who wrote (5757)1/13/1998 11:30:00 AM
From: scotty  Read Replies (1) | Respond to of 116764
 
Lots of plus signs on the commodity boards,CRB up 2.60.



To: scotty who wrote (5757)1/13/1998 5:01:00 PM
From: Goldbug23  Read Replies (1) | Respond to of 116764
 
Scotty, with an est 69 TRILLION in derivities out there imagine what a liquidity crisis will do for all of us. With that said I am investing like you are. Looks like Eastern Asia is leading the way. Can the rest of the world avoid it? Why is the US and Europe (al a the IMF) in a panic? All our big guns over there trying to talk our way out of this? This is nervous time.



To: scotty who wrote (5757)1/14/1998 12:40:00 AM
From: Ronald P. Margraf Sr.  Respond to of 116764
 
Hi Scotty,

Remember one thing if I am correct. Deriviatives are junk. The maybees.
Orange County can testify to that. Why would anyone want to buy junk?
Better off buying Junior mining stocks at least your odds are reduced to
50/50. If the markets collaspes and it is only a matter of time, where are
you at in junk? Exactly that. In Junk. That is all they are going to be
worth. It will cost you more to call up the certificates then they are
worth. Appearently you have forgotten Milken.;-)

What all I'm saying is that when it drops 200/300 pts you might think
it is a buy but in actuallity it might be the begining of a 1000 pt drop.

Ron