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: Zardoz who wrote (18955)	9/15/1998 7:47:00 PM
From: Chas.	Read Replies (1) \| Respond to of 116764

Rate cut..... Fear is what will drive gold up or a better way to say it may be,fear is the prime motivator these days to drive gold up.......fear of losing ones money that is in other ventures, especially the stocks, the Dow......the shaky, what will it do next Dow....among a zillion other ventures that everyone and every player has their money in (Gold not being one of those ventures). Lower rates will encourage continued buying and investing in the norms,........ housing, securities, real estate...... everything but Gold.....when the opposite of lower rates starts in, talk of the R word, etc, etc,....deepening world crisis.......fear, fear, fear.... the more fear the more motivation to invest in Gold....pick your scenario or better yet create your own.......but fear is what will drive Gold up.......