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 : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: Alan Whirlwind who wrote (1137)	4/30/1998 5:02:00 PM
From: Bo Bob Brain	Read Replies (1) \| Respond to of 1911

Unfortunately, no. Especially after today's action in gold and silver. If we gap lower in gold, we'll leave an island top which would not be good. Technically gold now looks weak. In the next 3-4 weeks as the stock market moves higher gold should move lower. But that would set up some GREAT buying opportunities in gold. Time will tell. Silver reversing down from $6.34 to $6.22 is also a negative. Time to short platinum. Stock market volatility = opportunity. Euphoria in stocks now. Once we realize the party is over, we'll already have a hangover. Bro. Some confusion in todays closing prices. I have June gold closing down $3.70 to $307.90.