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 : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: glenn_a who wrote (990)9/24/2003 5:21:32 PM
From: David W. Taylor  Read Replies (1) of 110194
 
>> At this point, a run on the US$ could force the US to raise interest rates to continue to attract the capital the US require to finance its "twin deficits". In a world already prone to deflationary debt implosion, this could give rise to a truly terrible situation. To my mind, this is NOT an environment in which commodities would excel ... except for perhaps precious metals ... once the primary deflationary collapse had significantly run its course.>>

Bingo!

I tend to see gold, as I mentioned before, as simply another commodity. Yes, there are others out there almost frothing at the mouth in disagreement.

It seems that one you have "seen the light about gold" that you stop questioning the validity. I'm far from alone in my doubts about its famous allure and I fully admit that it is simplistically attractive as the answer to the burning question of "where can I safeguard my savings?" but I just don't agree.

If I am wrong, then I will suffer. It feels more logical to me to see it as simply another commodity, which will in due course see an uptrend in price. Until then I sit hunkered down waiting for a future that glenn_a seems to be able to see as well.

David
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