The Woodshed Message Board

STOCKTALK

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.

Non-Tech : The Woodshed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: crustyoldprospector who wrote (5680)	5/1/2004 5:30:10 PM
From: jimsioi	Read Replies (3) of 60912

Crusty, on McHugh, SafeHaven Good read and I'm concerned he's got the picture going forward. Initially Gold and mining shares won't be spared. "My read on this is that if the general equity markets crash, Gold could initially (perhaps for several months) get caught in the downdraft, as the deflationary impact of such an event would push commodities lower. However, Gold has intrinsic monetary value, and should currencies collapse during the Central Banks' attempt to save markets with monstrous infusions of fiat money, Gold should quickly reverse course to the upside." Steven Rouch has a warnings from Asia that suggest economic slow down. " Two factors are likely to prove especially vexing for Asia over the near term — China and the Fed. The coming slowdown in China will undermine the region’s newest source of external demand, whereas a likely normalization of US interest rates could put downward pressure on the region’s oldest source of external demand — the American consumer. Lacking in self-sustaining domestic demand, an externally dependent Asian economy could be facing a very difficult macro outlook over the 2004-05 period." morganstanley.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next