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: Hawkmoon who wrote (27563)	2/2/1999 1:25:00 PM
From: The Street	Read Replies (1) \| Respond to of 116791

Not yet. There will be warnings before it moves.... But, really, who is? I think it is a VERY important question. Who is stashing it and why? It is not going retail-- that is obvious. Who.......

To: Hawkmoon who wrote (27563)	2/2/1999 1:33:00 PM
From: donald martin	Read Replies (2) \| Respond to of 116791

<<Who is buying all the CB's gold???>> Probably the same people who were buying US stocks in 1982. Quiet contrarians. I remember when I first started learning about gold, I read about how in the short-term it has a negative demand curve. (e.g. lower prices resulted in LOWER demand) That probably gives you some idea what kind of a person is buying gold in a market like we've had the past couple of years. Probably the buyers are very patient, value oriented, and slowly averaging down; not looking to sell for a quick gain when it turns back up. That's just my guess.