SI
SI
discoversearch

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: scotty who wrote (19695)9/25/1998 12:16:00 AM
From: C Hudson  Read Replies (2) | Respond to of 116838
 
From the Derivatives thread.....Any takers? Where's Ole 49'r?

To: Stephen O (170 )
From: Hutch Friday, Sep 25 1998 12:04AM ET
Reply # of 171

GOLD is the last sabbatasion of safety...
It is over valued, and will fall soon. Early guess is Tuesday. Once the last of the safe havens is overbought, than the market will climb. Gold is over bought.

And when the markets climb, gold will drop, FAST. And should go to it's fair value of $280 in a VERY short time. {3-4 days} and from there, there is no bottom. Gold will trend to $250 or less. And the bonds shall begin to back off soon to.

Why is it that so many people need GOLD to climb. FEAR. And when fear subsides... HOPE.