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.
Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Shaw who wrote (1496)3/23/2001 10:42:56 AM
From: Dexter Lives On  Read Replies (2) of 5144
 
Hi Guys, Strange for sure with the US$ and gold.

I think it's fear at work and a reflection of the split in what people currently believe to be a safe haven. As a store of value, gold has traditionally been the hiding place; this has been replaced to some extent in the last few years with the greenback. People say it's confidence in Greenie and the FED; I'm more inclined to believe in the political and economic stability (even if not stock market stability).

I agree completely with Shack's comments on imported deflation. Don't sell yourself short on the economic front Shack [:>) - you know a lot more than you let on (and I think you know that as well). I think where I will differ with Shack is that I believe this can and will continue. If global demand can be stimulated, which lowered global interest rates may achieve, then America can produce itself out of its debt hole, improving its trade surplus in the process. Technology and knowledge based transfers are the main exports that will lead the way, imo.

Rob

NIKKEI WATCH:
-still propping up Nikkei
NIKKEI 225 INDEX (NKY) 13214.54 360.57 2.81% 1:00
Bet you it makes and holds 14K by 3/31!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext