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: sea_urchin who wrote (31982)	4/17/1999 5:16:00 PM
From: lorne	Read Replies (1) \| Respond to of 116764

Hello Searle. You said...." When the dollar is the strongest currency in the world, I just cannot see why the US government is conspiring to depress the price of gold.."...... Have you considered that gold may be in direct competition with the dollar and a sudden surge in the POG may indicate to the world that the dollar is failing as the world reserve currency. Just a thought. Lorne

To: sea_urchin who wrote (31982)	4/17/1999 11:31:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116764

<<Sorry, I just cannot see why the government would specially want to depress the gold price>> The reasons why govts. do not wish a strong gold: 1. Not all that long ago, I brought to the thread a report about an arm or the US govt. who was designed to finance homes which was using most of their monies to actually play the derivatives market. 2. The Clinton legacy. 3. The Greenspan legacy. 4. Perhaps even some are involved in these markets via their own blind trusts. 5. Strong $