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Is the gold bubble about to burst?



 
 
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  #1  
Old May 8th 04, 10:58 PM
solent
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Default Is the gold bubble about to burst?

Hi,

I just read an article from www.andersonlloydintl.com on the likely
fall in gold prices.

http://www.andersonlloydintl.com/pdf/gold.pdf

Daren Risely advises against the purchase of solid gold and gold
related stocks because supply is beating the demand for gold jewelry.
The high price of gold is apparently deterring customers. In addition,
he writes that the central bankers are selling their reserves. I have
also heard, elsewhere, that the Rothschilds are moving out of the gold
business.

I would like to hear your opinions on this article.



Cheers.
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  #2  
Old May 10th 04, 03:55 PM
bob mologna
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Default

Who knows? Warren Buffet is currently betting against the US Dollar and if
the Dollar falls, gold goes up.

"solent" wrote in message
...
Hi,

I just read an article from www.andersonlloydintl.com on the likely
fall in gold prices.

http://www.andersonlloydintl.com/pdf/gold.pdf

Daren Risely advises against the purchase of solid gold and gold
related stocks because supply is beating the demand for gold jewelry.
The high price of gold is apparently deterring customers. In addition,
he writes that the central bankers are selling their reserves. I have
also heard, elsewhere, that the Rothschilds are moving out of the gold
business.

I would like to hear your opinions on this article.



Cheers.


 




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