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 (28238)	2/14/1999 3:42:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116764

>>How do you define value? If I had purchased gold at almost any point during the past decade, my value would have DEPRECIATED. >> Not so, if instead of Gold you bought house in Vermont that went down 50% or invested in Indo... You may have underdevepoped land that you think the near-buy city wants for a shopping mall...In fact you know that even if that does not happen the city would need your land later anyway...But if they need it for Mall the value would jump sooner... Barrick wanted to buy Argentina gold (argument about future value derailed a deal) The value is a future not present term...Growth is a present term...

To: Hawkmoon who wrote (28238)	2/14/1999 8:37:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116764

<< If I had purchased gold at almost any point during the past decade, my value would have DEPRECIATED. >> Only if you had held until today without any averaging down. Or, had been wise enough to "buy low & sell high. Please review these numbers(your far right side): 05-Feb-93 11.125 3442.14 329.31 12-Feb-93 11.875 3392.43 19-Feb-93 12.375 3322.18 26-Feb-93 12.000 3370.81 05-Mar-93 12.375 3404.58 330.08 12-Mar-93 12.500 3427.82 19-Mar-93 14.000 3471.58 26-Mar-93 13.500 3439.98 02-Apr-93 14.750 3370.81 342.15 09-Apr-93 13.750 3396.48 16-Apr-93 14.000 3478.61 23-Apr-93 16.000 3413.77 30-Apr-93 16.375 3427.55 07-May-93 15.750 3437.19 367.18 14-May-93 17.875 3443.01 21-May-93 17.875 3492.83 28-May-93 18.750 3527.43 04-Jun-93 18.875 3545.14 371.89 11-Jun-93 16.625 3505.01 18-Jun-93 18.125 3494.77 25-Jun-93 19.000 3490.89 02-Jul-93 20.000 3483.97 392.19 09-Jul-93 19.250 3521.06 16-Jul-93 18.875 3528.29 23-Jul-93 18.375 3546.74 30-Jul-93 21.375 3539.47 06-Aug-93 19.125 3560.43 378.84 13-Aug-93 18.625 3569.65 20-Aug-93 19.250 3615.48 27-Aug-93 19.125 3640.63 03-Sep-93 18.375 3633.93 355.28 10-Sep-93 16.125 3621.63 17-Sep-93 16.500 3613.25 24-Sep-93 17.375 3543.11 01-Oct-93 16.625 3581.11 364.18 08-Oct-93 18.500 3584.74 15-Oct-93 18.125 3629.73 22-Oct-93 19.375 3649.30 29-Oct-93 19.250 3680.59 05-Nov-93 19.500 3643.43 373.83 12-Nov-93 20.500 3684.51 19-Nov-93 20.875 3694.01 26-Nov-93 18.875 3683.95 03-Dec-93 20.250 3704.07 383.30 10-Dec-93 21.750 3740.67 17-Dec-93 22.625 3751.57 24-Dec-93 21.125 3757.72 31-Dec-93 22.000 3754.09 07-Jan-94 22.750 3820.77 387.11 14-Jan-94 24.000 3867.20 21-Jan-94 22.500 3914.48 28-Jan-94 21.250 3945.43 04-Feb-94 22.125 3871.42 382.01 11-Feb-94 21.500 3894.78 18-Feb-94 21.125 3887.46 25-Feb-94 20.625 3838.78 04-Mar-94 19.875 3832.30 384.32 11-Mar-94 20.750 3862.70 Ron, I believe $329 to $384 is a rather nice move in only 13 months! Do you want other examples?