SI
SI
discoversearch

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.
Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Bill Murphy who wrote (4045)3/10/1999 4:20:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 81023
 
More people than ever might get mad at you..because it often times appears to be that the market is a pyramid scheme for the short term.
Geez. I just heard about another software selling company going ballistic..what a joke..I had bought software over the web from them..
it wound up taking three hours..I must admit the salesmen were so
very very nice..there were all sorts of problems..information,server
down etc..but give me a break..also later I found a much better place to get software from..Who is making money from that stock going ballistic..why do certain stocks go ballistic and not others?(unless you are a cisco ,microsoft..etc)
I just have a strong sense your GATA is reflecting how the market works in favor of a few..
anyways..Bollinger said Japanese stockmarket has probably bottomed..
Charlie Maxwell said something to the effect I think that oil market
should start going up for real in another year..
Burt Dohmen on tv the other day appears to be negative again about the market and implied that lower interest rates will be needed..
(I mention these people since they have incredibly great tract records)
Regardless of what the big houses might be trying to do...including
the government,once things change gold will go up and probably overshot to the upside..



To: Bill Murphy who wrote (4045)3/10/1999 6:58:00 AM
From: long-gone  Read Replies (1) | Respond to of 81023
 
<< Get a good job. On your spare time, do what you can do. You should know that I have have had SEVERAL emails extoling you and your wisdom. You are a main man in this routine and will NOT be forgotten.>>
I don't know, there may not be any "good jobs" left. The company is trading at around a 44 P/E, meaning I would not invest in them at this level. Problem I'm seeing is the "deny, deny,deny," sisuation we are now in. Remember when gold was at $274 then (for a time that seemed for ever) gold was stuck at a max range of $283-288? Now it
seems range bound in the $290-293, while Wall Street says (with all possible vigor) "Gold remains unchanged".

One must wonder if the same things wil be said in two months when gold reaches the solid $297-299 "range bound" condition????

The "slide" of the dollar seems to have started, a slow slide though it may be. We all knew it was coming. We can not, as a nation, remain forever with an entire service base. At some point we must again, as a society, start production. This production will be accomplished at and paid for with a lower dollar value.

The move will continue - even if the reporters tell us it is not happening.

On to other things, Has GATA heard from any mining companies yet?
My 1st check is now in the mail(had to break the pledge up into "payments").