The coming US dollar crisis 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.

Strategies & Market Trends : The coming US dollar crisis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Real Man who wrote (20877)	6/19/2009 1:52:22 PM
From: Nevada9999	of 71456

They are doing such a nice job 'managing' the gold price that money is getting parked in oil as a store of value. Oil fundamentals are lousy, crack spread is way out of whack, but money keeps going into oil. Letting gold go up could become the lesser evil. The spin in the press will be interesting if it happens. Most people still think $900 is a high price for gold. The gold industry doesn't seem to think so. There are an awful lot of drill rigs sitting around rusting. There seems to be limited interest in looking for more at $900/ounce.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next