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Strategies & Market Trends : Strictly: Drilling II

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To: Tommaso who wrote (47)8/16/2001 7:17:28 PM
From: t4texas  Read Replies (2) of 36161
 
gold covers all the currency bases imho

kasriel has talked it up for gold as the world economies weaken.

among the euro, yen, sfr, and dollar i am not smart or confident enough that i can pick a winner among them. if all the world econs continue to weaken, they are all losers, nicht wahr? however i do know (think) that gold will adjust properly against the dollar, sfr, yen, or euro no matter what these currencies do. you know sometimes all the ships could go down (or take on water), and none may be a winner when underwater. so i feel better being on my gold-plated styrofoam raft instead of jumping on one of the big ships.
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