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: mick who wrote (27296)	1/29/1999 4:12:00 PM
From: Hawkmoon	Respond to of 116764

Then we agree to disagree. Of course we do. I find myself in this position quite a bit on this thread. But I still enjoy the debate. If gold was plentiful, why would you pre-buy at $ 400 ? For any number of reasons, including being contractually bound to buy it as a result of the seller excerising his right to sell you the gold at the pre-determined strike price. Another reason might be to buy that gold and sell it again to lock in whatever price you could get in anticipation of another downturn in the price of gold. (not likely, but not impossible either). Btw, when is Bill M. supposed to be on CNBC? I stepped out for a few minutes and was wondering whether I missed his interview. If it is yet to occur, then it is funny how he was delegated to a non-market hours interview. We wouldn't want him saying anything in "prime time" when he could impact the market. And we'll all have a weekend to forget about his sage warnings (and I do concur that they are sage). Regards, Ron