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


To: Pete Young who wrote (15792)8/12/1998 10:19:00 PM
From: long-gone  Respond to of 116791
 
Well,
it is very hard to draw a trend from only a few days. Many still are remembering that every "market guru" had said gold would forever be
worthless. It takes time to change gears.
IMHO
rh



To: Pete Young who wrote (15792)8/12/1998 11:03:00 PM
From: long-gone  Read Replies (1) | Respond to of 116791
 
Pete,
OK,IMHO here is a near final nail in the gold price saga.
The Swiss have settled with Jewish people cheated and killed during WWII.
Now, they can pay them off at current depressed POG and the have the vote where Swiss people will not let them sell any gold thus validating it as an asset, and it will go up in value. I suspect Swiss banks had their hand pushed a little bit by current world market events.
cnn.com
How much would this be if gold were at $500-800 oz?
rh