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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Jack of All Trades who wrote (3115)3/4/2004 5:14:45 PM
From: Chip McVickar  Read Replies (1) of 12410
 
What puts these concepts of "money supply" at risk is Debt.

That's why we've had these 3 "Pearls of Wisdom" from Greenspan....

And Why Buffett owns a silver mine....

On a technical basis... Silver looks ready for a break out
stockcharts.com[w,a]wcoannay[d19970301,20040301][pf][J26619753,Y]&pref=G
Silver seems about to disconnect from the dollar and gold.... and break out higher.

In many ways... silver is a commodity and now necessary to the new age economy.

i.e....electrical and electronic products, nanotechnology, photography, (declining use) and silver is used for it's catalytic properties.
silverinstitute.org

Gold isn't viewed as a commodity like copper, grains, etc.. more like a currency...
But gold is also useful in nanotechnology... wonder if this new use will alter this old connection....?
Message 19879077

Message 19774932
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