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 (21192)6/14/2004 2:31:55 PM
From: philv  Read Replies (1) of 81705
 
Doesn't seem to matter. The US dollar is not really responding, while gold continues to drop.

The strength of the dollar amazes me, something I had not counted on. The trade deficit and US budget deficits and personal and corporate debt just do not resonate with those who count. If this trend continues, gold is in for a rough time I am afraid.

I like this part "The creation of 1.2 million jobs so far this year is boosting incomes and lifting demand for cars, electronic goods and other products made outside the U.S"

Duh, I should have figured it out. Things are so rosy that people just want to spend, spend, spend. Deficits/Debt is a good thing!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News