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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Al Serrao who wrote (16843)	2/3/1998 6:39:00 PM
From: Terror	Read Replies (2) \| Respond to of 50167

Is Warren Buffet investing in gold now? It would be wise to follow the Guru. Thought I heard something about what Warren was now buying and thought they mention gold. Any news is appreciated. Marice

To: Al Serrao who wrote (16843)	2/4/1998 2:55:00 PM
From: Thomas Winklhofer	Read Replies (1) \| Respond to of 50167

Al, Thanks for answering. Hmm, Gold. I don't like it very much as a forecaster. Normally Gold pops up when people are selling stocks, running for save harbor. Ok, deflation is easy to fight against. Printing paper like mad. What happens. Prices rise and inflation is coming back into minds of investors. Interest rates stall/increase and then Gold is bottoming out. So for me Gold is a confirmation of a change in trend. Lately Gold popped up due to central bank buying in europe (if Euro will not succeed). It is necessary to find good indication how economy is doing. What are your and Ike's forecaster for interest rates? Just Gold? Just a few thoughts Thomas