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

To: Bobby Yellin who wrote (11742)	5/16/1998 1:56:00 PM
From: Eashoa' M'sheekha	Read Replies (3) \| Respond to of 116845

Bobby Y.You Are NOT A Gloom And Doomer.IMO.A Realist Maybe? It is amazing how this thread attracts the occasional " hit and run " artist.Very amusing,as they seldom return to actually discuss their " off the cuff " remarks and shallow observations.I will however have to concede that gold has not responded to these events as it has in the past.These are interesting times,and in previous global situations Gold would have been skyrocketing by now. One must elevate to a new paradigm that either gold has in-fact lost its status as a " flight to quality " or " flight to safety ",or that gold has become so well controlled that certain entities would prefer you believe this is the case.I don't know which to believe right at this time,but " feel " this will not last in the long run. I saw a market watcher on CNBC(the longest running infomercial on the tube?)the other day.He stepped right out there and sited low gold and silver prices as an indicator of low inflation.The host was all smiles and nodded with approval as if he had read his lines perfectly.Too funny,if it weren't so discusting.I have read AG keeps an eye on the POG as an indicator of inflation,yet I have read others decry that the average person(in America) does not follow the POG.Would the American folks here concur with this?I would have thought those who follow the markets would surely observe gold as a contrary indicator,and since everyone and their dog is " into " the market these days,1+1 would=2? Anywho,it all seems so abnormal,that I have come to the point of thinking only the CB/ECB intention to be announced soon will clear the way for equilibrium or a return to historic average for the POG,which I believe to be in the high three hundred dollar range.We can only sit tight and observe at this point and respond to the Naysayers with the politeness you display here Bobby and most others.Let's hope this information comes sooner than later,eh? Take Care Gone Cycling---Back Tomorrow Maybe T-AU-R-US