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: Enigma who wrote (21649)10/14/1998 7:55:00 PM
From: long-gone  Read Replies (1) | Respond to of 116782
 
re: control of POG
yes, it has been controled, but not through the governments alone, We have all heard the mantra of the new age "investment advisor"
saying over and over "Buy no metals - Buy no metals".
rh



To: Enigma who wrote (21649)10/14/1998 8:24:00 PM
From: TLindt  Read Replies (1) | Respond to of 116782
 
Again golds price IS relative to your LOCAL medium of Exchange.

If we were in Turkey....this would be the Bull of Bulls.

gold.org

For us this is a Dollar Thing, we here in the US....that's our LOCAL medium of Exchange, in most pummeled countires globally the chart is the same. Only thing which provides a better return then gold in Turkey is the US Dollar....because it pays interest vs. gold which pays none. But IF the US Dollar hits the skids, GOLD will outperform here LOCALLY, but not necessarily in Turkey. It's all relative.

Think of the global ecomony like a house with 150 windows, you get a different view of the landscape depending on which window you happen to be looking out of at a particular point in time. Out of the US window...the sun is still bright, but it's raining out most every other window, perspective you care to look at.