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: Bobby Yellin who wrote (33059)5/3/1999 8:19:00 AM
From: Richard Mazzarella  Respond to of 117072
 
Morgy_Dog, <<totally disagree with your last comment>> Good, that's what makes a market.



To: Bobby Yellin who wrote (33059)5/3/1999 8:22:00 AM
From: Enigma  Read Replies (1) | Respond to of 117072
 
<<inflation can make gold go up short term but then with inflation interest rates rise and money starts flowing into interest vehicles.>> Can you document this? I can't but seem to remember an environment where gold went up as the same time as interest rates.
What you seem to be overlooking is 'expectations' - in other words people will not necessarily invest in interest vehicles if they expect inflation to continue to increase - but in this scenario they would likely invest in gold. dd



To: Bobby Yellin who wrote (33059)5/3/1999 11:18:00 AM
From: long-gone  Read Replies (1) | Respond to of 117072
 
<<To: Richard Mazzarella (33058 )
From: Morgy_Dog Monday, May 3 1999 8:05AM ET
Reply # of 33069

totally disagree with your last comment
inflation can make gold go up short term but then with inflation interest rates rise and money starts flowing into interest vehicles.>>
I believe you are bot right and both wrong.
If I remember recent history correctly, during the 70's we saw a ratching higher of gold then rates then back again, with oil & the rest of the commodities thrown into the mix. There was a like example in HM stock (as a proxy for gold price) during late 28.
cheers