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: re3 who wrote (34737)	6/1/1999 2:30:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 116767

This is SI, not Yahoo.

To: re3 who wrote (34737)	6/1/1999 2:32:00 PM
From: lorne	Read Replies (1) \| Respond to of 116767

US Treasuries in freefall, bond yld at 13-mo high U.S. Treasuries keep falling in early afternoon trading. 30-year bond yield hits 5.953 pct, highest since May 1998. Yields on other maturities also at fresh 1-year highs. Market prices in 2 Fed rate hikes. Retail selling large. Strong NAPM, hawkish McDonough remarks spark selling spree. reuters.com

To: re3 who wrote (34737)	6/1/1999 3:52:00 PM
From: Ahda	Respond to of 116767

If you are a manufacturer and you make pots you find that you use to sell twenty pots at three dollars and this year you have only sold ten pots. You reduce the price on the remaining ten pots so you can sell them. Next year the price of steel has gone up so it cost you as much to make ten pots as it did twenty pots the year before . So now you have to increase your prices or you won't pay the rent. Because so many people are now producing pots all over the world your competition is very stiff and twenty friends of yours who produced pots have decided to quit the pot producing business. You are now the one person who has survived in this business and you can pretty create a hefty profit on your pots for you. If the price of gold increases our net worth holdings of gold increase in value also which gives us a larger credit base. Easier credit would increase the risk of inflation as we are now seeing with the concern of the Fed on interest rates. It is very difficult to try to explain what he is saying as there very many variables that cause price increase and decrease, supply demand etc. This is the simplest form i can put it in and it lacks total thought. I hope i helped you