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.

Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Michael Collings who wrote (14165)	10/2/1998 12:30:00 AM
From: Bill Harmond	Read Replies (1) \| Respond to of 27307

>>This is maybe the most bullish environment that I have seen for gold. I can't agree on the fundamentals, but many hedge funds are thought to have been short gold futures, and their liquidation is bullish.

To: Michael Collings who wrote (14165)	10/2/1998 9:45:00 AM
From: Oeconomicus	Respond to of 27307

MC, I have no worries about the purchasing power of my paper money. However, if I lived in any number of other countries, I might feel different about it, but if I had not done anything about it by now, it might be too late. Actually, I was beginning to think we were near the bottom in some markets like Japan (blood in the streets panic, the world is ending), but I heard this morning that the Japanese government is trying to shut down short sellers and stupid intervention like that is not the way to turn the tide. Bob PS: On-T, can you believe the Bear Stearns upgrade and the comment CNBC quoted: "In that business, the bigger you get, the more you grow." Huh? Does that mean that the higher the stock price (mkt value) the more people visit the site to see what the hell they are missing? AMZN too - something about "they haven't yet gotten into the higher margin businesses like advertising, but when they do... boy, then they'll make some money." Ha! Think Bear has some fund clients they are helping to unload?