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.
Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (1288)10/1/1998 6:36:00 PM
From: sea_urchin  Respond to of 81811
 
Papaya : I think you made a mistake in selling out of your leaps --- even though you made a profit. But that's now history.

I still have my gold shares and I'll ride with them. I'm not interested in these ups and downs although it is fun to see what's going on. I have a two year view and have expressed that opinion consistently.

This gold thing looks, to me, like it's building up to something big. And, it's not simply because of dollar weakness --- although that's in it. You know, the gold market is really quite small compared to bonds and equities and so, if Joe Public, gets the idea that he wants a few coins, or whatever, the move can really kick ass. And, right now I detect a mood of serious panic about the financial system. Especially by the "little" people.

Gold featured on our national TV news (not the financial news), this evening --- which is very unusual. They quoted "analysts" as saying the POG could hit $400 this year ! I don't envisage $400, even in 2000, but I certainly won't complain if it happens.