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


To: Crimson Ghost who wrote (8981)3/28/1998 6:02:00 PM
From: robnhood  Read Replies (1) | Respond to of 116764
 
George, I remember up here in Canada, The Government took all the high priced oil stocks off the owners hands at the top of the market. Of course to this day the government is blamed, but sometimes I wonder who's idea it really was.

russell



To: Crimson Ghost who wrote (8981)3/28/1998 6:20:00 PM
From: Terry Rose  Read Replies (2) | Respond to of 116764
 
George, Another scenario could happen this way. During a sustained market correction, congress announces the passage of allowing individuals to invest social security payments into stocks in an attempt to jump start the market.

The Thursday edition of the "Daily Quotes and Market Report" alluded to Japan announcing on April 1st something that would cause the price of gold to go up. The obvious announcement would be that they have increased their gold reserves. However it could be something else. Any ideas?

This upcoming week should be very volatile in bonds, stocks, and precious metals starting with OPEC meeting on Monday. Those mutual fund whiz kids had better load up on ant-acids this week-end.

Terry,