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: Don Green who wrote (17356)	9/3/1998 12:11:00 PM
From: JD	Read Replies (1) \| Respond to of 116766

Au $250 ... perhaps ... but not today :) Sorry, I should know better than to interject in the middle of a p*ssing contest but I just checked the numbers and couldn't resist just this once ... at this time ... DOW -110, Gold +3.80 (according to Bloomberg ... Kitco in a coma today!?). That is all. Sorry for the interruption .... we now return you to regularly scheduled programming. JD

To: Don Green who wrote (17356)	9/3/1998 12:22:00 PM
From: Enigma	Read Replies (1) \| Respond to of 116766

Don - you say the price of gold is dropping - you need to change your specs - then you might be able to see the wood for the trees. Up $3.80 today and have you looked at the the XAU? E

To: Don Green who wrote (17356)	9/3/1998 12:26:00 PM
From: George Castilarin	Read Replies (1) \| Respond to of 116766

Don, you seem to be missing the point here, this is the Gold Price Monitor, we are looking for sign of a change in valuation of gold. Gold does rise rapidly every once in a while, and a whole lot of money can be made on these runs. As for your point that gold has been going down for 18 years, NOT TRUE, it is valued about the same now as it was then, it has been touching some new 18 year lows in the last few weeks, but during that 18 years gold has realized significant highs. Personally I have no gold shares at this time, but I am closely monitoring the situation, with a lot of highly appreciated help from the regular posters on this thread. I think we are near the bottom but not quite there yet. The young bloods on wall street and the small time investors haven't been spanked hard enough to realize that most stocks have been outrageously valued by their irrational exuberance. Watch out when irrational pessimism sets in.