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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LLCF who wrote (143565)1/14/2002 10:42:47 AM
From: Horgad  Read Replies (2) of 436258
 
If you own SA miners are you long the dollar or short the rand?

So now rand is going down against dollars and gold and SA miners go up. What happens next? Rand goes up against dollars and gold and SA miners go down? Or rand and dollar ratio stays the same while dollar goes down against gold and SA miners go up? Or?

Thinking about this currency sh*t gives me a headache, but I do believe all fiat will eventually weaken against gold... If I understood the whole interaction of currencies better (including gold), it could probably make an extra buck or two rotating funds into different miners based on their countries and the current exchange rates.

Anybody care to explain how the current currency exchange rates effect gold miners and guess at where we are headed from here?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News