Booms, Busts, and Recoveries 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.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: AC Flyer who wrote (20757)	7/5/2002 2:56:35 AM
From: Maurice Winn	Read Replies (4) of 74559

<Individuals all around the world, of their own free will, are buying US dollars. That's it. End of story. No stick-up, no thuggery, no crime committed. Why are they doing it? Because they like what they can do with US dollars better than what they can do with their own currency. That's it. Plain and simple. End of story.> Quite right ACF. It's odd that people don't understand that we aliens make decisions on where to invest [and live] according to what we think will do best for us. I'm one who still has a stack of US$. Uncle Al gives me a lot more confidence that those who criticize him, [who seem to me to lack understanding of what caused the dot.com and telecosmic irrational exuberance - they blame Uncle Al and can't understand that a bidding war requires NO increase in money supply]. QUALCOMM and Irwin Jacobs give me a lot more confidence that businesses I can invest in in New Zealand. Not all USA management is out to rob investors blind. Investors need to be discriminating about who they give their money to. Also, trees, sheep and real estate [typical NZ investment opportunities] are not as exciting and don't have the potential for dramatic rewards which phragmented photons, inverted quantum mechanics and CDNA do. The USA is the hub of the technological revolution and I like that. Mqurice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next