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

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (46866)12/9/2005 9:23:11 AM
From: GST  Read Replies (1) of 110194
 
Gold is unlike many of the assets you mention -- it is positional and given to liquidity driven valuation, but it is also a well-defined alternative to holding anything denominated in dollars. The bigger the US asset bubble and related deficits, the greater is the appeal of an asset class that would rapidly appreciate in dollar terms when the bubble bursts and the currency falters.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext