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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: SGJ who wrote (25519)12/16/2000 11:44:11 AM
From: marginmike  Read Replies (3) of 65232
 
When the dollar plummets, and banks start collapsing its the best friend you will ever have. The banks in ASIA have been teetering for 10 years, what happens if US banks start to flounder, and dollar collapses? Where will the safe haven be? The Euro? Treasuries?(when Budget surplus's disapear and debt is re-invigorated). No it will be GOLD. The world has shuned GOLD for much to long, and the huge short positions in Gold only need alitlle push to start a great run.
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