The Hot Button Questions:- Money, Banks, & the Economy Message Board

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.

Pastimes : The Hot Button Questions:- Money, Banks, & the Economy

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Eddy Blinker who wrote (245)	12/20/2002 11:48:38 AM
From: maceng2	Read Replies (1) of 1417

When he is sitting in his tub playing with the hot and cold pipes? -LOL- Well, gold going down now. Maybe this correction lasts a few weeks. But remember there is 1.3 Billion people in China, and they can buy gold now.. www1.chinadaily.com.cn This is only a small part of the story though. Also there is LOTS (gazzilions) of USA dollars in circulation. The dollar is in a down trend though. quotes.ino.com and because businesses have to hedge against currency changes (to reduce currency losses on international business)... guess what?.... they sell some dollars against future down trend. Here is a long term projection.. investorshub.com The poster in question has 2005 estimate for US dollar as 80 (currently about 104). So no one wants a strong currency because they cannot export to USA. So what you gonna do?? Gold, Silver, and Commodities will go up. That's why I try and buy more of that stuff at the local lows. rgds, pb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next