Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Haim R. Branisteanu who wrote (24349)	2/25/2005 10:31:57 AM
From: Tommaso	Read Replies (2) of 116555

>>>only time will tell - BTW Enter the Bush administration and if I remember correctly the NAZ swoon just continued in earnest. - even with AG pumping money into the system<< Well, this time the Fed seems set on this new course of steadily raising interest rates, and I think it will have to continue in order to prevent the dollar from losing another 30% of its value (which it may do anyway). I really do not like gold. It's not easy to carry around--even dangerous. The buy/sell spreads are usually unfair. Is there a single bank in the United States where you can walk in and get cash for your gold? I have some that sits in my safe deposit box and has never done me any good. Can you take Maple Leafs into a Canadian bank and open a checking account with them?

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