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: Enigma who wrote (25046)	12/29/1998 5:55:00 PM
From: teevee	Read Replies (2) \| Respond to of 116954

Hi enigma, I didn't know the "authorities feared it". Me thinks they are market makers and when necessary, during times of extreme paranoid behavior by gold bugs, "piss on the fire" by selling reserves into demand, in what appears to be a lesson that gold bugs have yet to learn (at least the ones that still have any money left to buy and hold gold with that is)-have faith in the monetary system. Is gold worth owning, hoarding, sewing in the matress etc...at these prices? Evidently it is if you are a gold bug-or are there more interesting and productive activities to pursue with capital, rather than tying it up in gold bricks???duhhh. regards, teevee