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 94.04+0.6%Nov 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hawkmoon who wrote (49919)3/2/2000 9:57:00 AM
From: Cynic 2005  Read Replies (1) of 116764
 
<<Then what the hell are the reserves for if we're not willing to use them when OPEC threatens our economy?>>

That is an average Joe's herd mentality. Not that of somebody who can think for himself.

OPEC is not threatening the US economy. It is those 20 something gamblers a.k.a day traders who are threatening the economy.

If US is printing more and more of those dollars which only need forest as backing, there is nothing wrong in OPEC asking for more of those papers for one of the most scarce commodities on earth.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext