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.
Politics : Dutch Central Bank Sale Announcement Imminent?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sea_urchin who wrote (19637)11/19/2003 6:11:57 PM
From: philv  Read Replies (1) of 81186
 
Yes I agree. The USD is in a free fall, and in comparison the Euro is smoking. Many people talk about the price of gold, but in foreign eyes, the price of gold has not risen. It is actually interesting, because this is true of all commodities. What that means is commodities are cheaper in Europe, while the costs are rising in the U.S. And imported manufactured goods from China are cheaper yet.

Large players outside the U.S. are undoubtedly acutely aware, and must be concerned about the value of their U.S. assets.

Gold hasn't kept up. Well then, there is "room" on the upside then! It is difficult to see the future, but when I think about these macro economic considerations, I can't see much reason for optimism due to the dark clouds hanging over the U.S. The U.S. is now in a period of a falling standard of living. Trouble is, most people aren't aware of this.
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