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: Ray Hughes who wrote (1327)	6/29/1998 2:40:00 PM
From: Amelia Carhartt	Read Replies (1) \| Respond to of 1911

Ray: I agree with your assessment,not that you should care, I am wondering do you have a proforma time table for the events you describe? Susan

To: Ray Hughes who wrote (1327)	6/29/1998 10:41:00 PM
From: William JH	Read Replies (1) \| Respond to of 1911

Ray - Thanks for your analysis. The deflationary scenario is certainly a reasonable assumption. I was a real genius in '95-97 when I was long stocks and on margin. This year I am regressing to the mean. Regards, WJH

To: Ray Hughes who wrote (1327)	6/30/1998 7:38:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 1911

Hi Ray with due respect,I see bonds differently...as I think bond rates are headed higher and one might suffer capital loss by buying bonds now.. oil prices are probably near their bottom..famous last words.. gold prices may be near their bottom if Japan is finally instituting reforms..waiting to see if they cut their corporate and personal taxes along with declaring all the bad loans.. markets around the world have been rotational with US the safe haven which has propelled dollar to the heights it is at.. if dollar starts coming down as money starts flowing back to Asia less demand for bonds and dollar..wouldn't that spell capital losses for bonds.. governments hate deflation..wouldn't they try their best to prevent meltdown... think US inflation numbers have not reflected what has been going on for average citizen.. also health care costs are really beginning to go up.. ps..any thoughts on latest press release on Bolivar ? and their tomi mine bobby ps...if Japan is beginning to recover..the exporting of our inflation probably will stop..US is about 85 service based economy..the deflated goods from overseas has greatly helped our industries here..if those goods start to rise again...prices here will have to start rising.. also we have been in a bull market of paper assets maybe since 1982.. won't that change to its opposite and become a bull market in hard assets.. criticism most welcome.. bobby

To: Ray Hughes who wrote (1327)	8/27/1998 9:48:00 PM
From: William JH	Read Replies (1) \| Respond to of 1911

Ray - I want to thank you for the information which you have posted regarding gold. I must admit that when I first read your opinions, because I had bought some gold majors, they made me a little angry. (Who likes to hear the truth if they are on the wrong side?). After thinking it over, I sold out and took my loss. Nevertheless by heeding your advice I saved a lot of money. I also avoided disaster in the juniors, just as you opined Thanks again, WJH

To: Ray Hughes who wrote (1327)	9/3/1998 1:44:00 PM
From: Dwight Taylor	Read Replies (1) \| Respond to of 1911

I doubt there will be wholesale deflation across the board, especially in Real Estate. The RE market in the US is too broad and diverse. There are only a few RE markets, i.e., Manhattan, Chicago, San Fran that are over-bought. Consider the following--lower mortgage rates (6% or better for 30 years is available), lower down payment requirements, growing population, FED stats anticipate at least 1.5 million new homes per year for at least 10 years to address population growth, many areas of the country are anti-growth which causes a decrease in available land.