The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (5205)	1/16/2004 10:09:01 AM
From: mishedlo	Read Replies (1) of 110194

Thoughts on that paradox from Mr Plunger on my board. Lower Euro interest rates means 1. Lower US rates, and so gold becomes more attractive in USD terms, less negative carry 2. Euro no longer a safe haven for capital preservation - gold and silver will take off. Watch it happen, very soon now. Actually I am beginning to like silver more than gold - less chance of a central bank swamping action IMO. And I am taking the "plunge" and have an Australian road train sized truck backed up to load up on HUI stocks this morning. (I wish!). Plunger.

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