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: long-gone who wrote (27288)	1/29/1999 2:56:00 PM
From: Hawkmoon	Read Replies (3) \| Respond to of 116764

there was a spike above US $400! Where was your destruction? Sucker's rally?? Look how quickly the price of gold declined after that spike. Or was it returning to the level it had been a year earlier? Either way you cut it, and for whatever reasons you choose to believe, the price of gold has continued to decline. And now that there is credible belief and theory indicating the huge short positions that "highly leverage institutions" (love that euphemism..:0) apparently have, we aren't talking about a mere return to $325... we're talking about a serious spike. Btw, since you're so good at digging, why don't you tell us what the CPI/PPI was during that same time frame. Regards, Ron