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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (27375)	1/31/1999 9:43:00 AM
From: long-gone	Respond to of 116762

<<Why do you think GOLD should go up?>> All long term price fixing of anything has always failed. <<Why do you think the USD should go down?>> 1. Trade deficit 2. Money supply. 3. Service based economy 4. Total debt picture in the US. Public debt(local+county+state+federal government debt[+ there are other taxing entities like school, fire... that are also in debt})+ corporate debt+ personal debt = nothing but trouble << Do you think the Eruo is a stable currency based on it's past valuations?>> somewhat, better after England joins in & after they get circulating currency, maybe, Then and only then will we know what the "every person" thinks. <<Why does this thread HARP so loud on interent stocks and they value, and seem to think that the GOLD stocks are undervalued? >> 1. We have minds and eyes some (many?) - of these concerns have no plans that show when if ever they will show a profit. 2 I have heard "Investment Advisors" on AM talk radio shows telling investors to "not put a penny into gold or silver or their production - this one went on to say "Don't buy your girl friend or wife a ring or necklace - He said he paid more money to get a filling of something other gold. He told people to buy a TV that contained no gold - though I don't understand the reasoning other than he was a stupid short. He said to put money only into the hot Internet stock of the week. That week it was OMKT. I bought 5 shares - got screwed. Call it a little tit for tat. 3. over a 5000-8000 year historical period the PM's have held value. After the times when they lost value,there were times they gained value <<What does the PE value have to do with gold stocks?>> That is a hard one to answer. To many individual cases where the moves with in tolerance band can make a graphic change to the final equation. Right now, I think there are only 3 or maybe 4 with a P/E. There are take overs in process that change the whole picture. This ligth move from the lows of $274 with the additional cost savings nnow in place may just have thrown one from the negative camp positive this quarter. Bottom line $ per OZ with a divisor/multiper for relative $ strength could be better + some factor for their forward sold positions or other not seen market factor. <<Why when some producers are showing a negative earning, that you hold on so tightly to a stock that is over valued?>> HM, driving costs down. - think there will be a big upside surprise soon with no movement in POG. ECO, not holding for gold production, rather silver production. Think silver will (again) be the big news the month or two last year when Silver was up due to Buffett that quarter was positive for both my ECO & HL. SIL if silver goes, it will win big, if not, the small holding ain't costing me AU, has earnings. ABX Same. BMG & the rest of the smaller holdings don't know my-self. <<Why do you believe that if a market correction occurs, that gold stocks will climb, or that GOLD will climb?>> as I have said so many times, I believe, the demographics thing will be the bigest driver. <<How does the economy effect the markets?>> profitable(growing profit) companies should yield a higher stock price. these profits can them be plowed into something more speculative which can allow for other companies to become more profitable. Investments should lead to capital investments which should lead the company invested in to become stronger. That is part of why I feel "funny" about the broad market, because it ain't broad at all. If you are not a tech company (and a big one at that) or a drug, or an internet, you are worth nothing - something is rong wtih the "what we are willing to invest in" picture. Last year some of the most profitable companies had very low P/E. One of my favorites, Deere, has earnings(though will down for a few quarters) could not get investment a few weeks back for anything. Cat same, list goes on & on. I felt it funny the low (IMHO)mulitple applied to GM & ford untill after the Auto show. <<How does the commodities effect the economy?>> An indicator of value of currency, cost of production(of some things) For instance, if our economy were as I.T. based as some think, there could be a 50000% increase in commodities & almost nil effect in producer price. I'll come back to the list later, going to breakfast - you did not expect all these answers at once anyway? regards one more <<Can you define risk? >> doing this when I should be taking wife to breakfast