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: ForYourEyesOnly who wrote (2917)1/7/1999 2:05:00 AM
From: Zardoz  Read Replies (2) | Respond to of 81249
 
A single penny is all that I can add today. SI won't let me say more.

I speculate that Buffet is doing it again to silver. Think the double daily top is a sign of SOMEONE doing the markets. Think $5.40 will be the max. kitco.ca

I think that Euro is being mitigate by the gold transactions, and thus the buying today. OR someone is setting up a hedge position between the two. I heard the story on the Euro settlements, but that's only a paper transactions, and is really not important.

I do know there are rumours of ABX floating around Vancouver, about them going for one of the top three producers. Each rumour came back to a different company thou. This MAY be what is driving up the other XAU stocks, or just normal ratio trading. Don't think it'll last.

I REALLY like Platinum thou. Think it'll sky rocket in the next two month to $425-$475. Found two stocks I'm looking at.

SO: if you follow the people on the GPM thread, you'll go long silver, gold, and short Platinum. {I'm their contrarion indicator}