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

To: Robert J Mullenbach who wrote (32843)4/29/1999 3:53:00 PM
From: Enigma  Respond to of 116759
 
Gold has been down for so long that a 1 + % rise in one day seems fantastic (mirrored by some of the stocks) yet a 1 % move in the Dow would barely rate a mention. I can remember when gold really jumped or fell. d



To: Robert J Mullenbach who wrote (32843)4/29/1999 6:05:00 PM
From: Enigma  Respond to of 116759
 
Robert - in the late 70's early 80's I worked for a gold mining company and at that time the POG was really jumping. We had a rudimentary hedging program in place - and were operating for a while with stop-buys $50 above our strike price - often - too often - we would be whipsawed in one day because the action was so volatile.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News