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: Mike M2 who wrote (185552)8/2/2002 2:08:03 PM
From: SouthFloridaGuy  Read Replies (2) of 436258
 
William. I think CB's WANT gold to go up. Gold rising means inflation. Inflation is GOOD. Inflation means pricing power. Inflation means corporations can make profits. Profits make the stock market go up and people get employed.

Right now my biggest fear is my job. Not the fact that the Fed is eroding my buying power.

The Fed needs to cut rates NOW and inject liquidity to keep price stability otherwise.

So far it looks like Prechter and the E-Waver's deflationary depression scenario is right on track in which case all assets will fall. Gold is a store of wealth - hence an asset - and it too will fall due to simply supply/demand economics.

Cash is king.
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