Gold Price Monitor 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.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rarebird who wrote (66012)	3/18/2001 9:55:29 AM
From: Hawkmoon	Read Replies (1) of 116756

Sure they will sell US assets in order to raise capital to shore up their own economies. But would you withdraw your entire IRA merely to stuff the proceeds in your mattress? No. You withdraw enough, suffering the opportunity cost, in order to make that monthly payment on your interest free credit card, and leave the rest where it can draw 5% return. And gold will win when every other storehouse of value has become unstable. When the US is forced to devalue the dollar, that may be the time to own gold. But right now, the USD is appreciating. Regards, Ron

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next