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


To: Bobby Yellin who wrote (10865)4/28/1998 4:12:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 116764
 
Bobby, analyst on CNBC talking metal prices. Silver first out of the chute to $7, gold latter at $320. while she didn't say so, that suggests Asian currency issues IMO. If we don't like that prediction, I can flip my bull/bear coin a few times. <VBG>



To: Bobby Yellin who wrote (10865)4/29/1998 11:21:00 AM
From: Larry Haraksin  Read Replies (1) | Respond to of 116764
 
When the troops were there with Stormin' Norman, they shoulda stripped the oil fields from Saddam for US consumption. Wasn't it an unconditional surrender? We all could be enjoying 25 cent gallons of gas.

Someone might state that then we'd have to protect it. But then other enlightened individuals would ask: what are 2-3 of our aircraft carriers doing in the lake we call the Strait of Hormuz now?

The true cost of oil is more than $15-16 per barrel. With military cost it is around $100, according to a retired Admiral in Nebraska. I wish I knew what the true value of gold is with the Federal Reserve increasing our currency supply 351% in last 2 years.