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
GDXJ 106.70-0.3%Dec 5 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zardoz who wrote (49053)2/15/2000 1:51:00 AM
From: Rarebird  Read Replies (2) of 116796
 
< How many recessions weren't preceded by an inverted yield curve>

A lot. I know the Market has been wrong many times and has misjudged before.

< Why would you suspect is the reason why CB's are disinvesting themselves of gold?>

What a loaded question! When you say " cannot valuation of monetary economics result in multiple decades trends where currencies appreciate," you seem to be placing the CB's, in particular, Greenspan, with the technical monetary prowess to be able to maintain this strong dollar and economy! You may be right. But he is still human and he may over shoot raising rates, causing a recession. I hope not.

The key is the Nasdaq or Technology. I say Technology is the enemy of Gold because it is a Great Inflation Fighter and it represents growth. The hope of gold lies in the decline of technological growth and productivity.

To be sure, Values are a major factor here too. The future and progress of the Information Age lies in Technology not a higher POG. I would expect the CB's and powers that be to act accordingly. It would be immoral for them to do otherwise.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext