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Politics : Welcome to Slider's Dugout

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To: Jamey who wrote (2935)	10/22/2006 7:32:10 PM
From: roguedolphin	Read Replies (3) of 50135

Bring on the Smackdown! Just got got done doing some Sunday shopping. Was pretty surprised to see that one of my favorite little "dollar stores" has most merchandise priced more than a dollar now. Most items that were available just months ago at a buck are now priced at the silly price of $1.30. Pretty hard to deny that the purchasing power of the US dollar is withering away. Gold may have done it's "job" on the run to $725 a few months ago.....unless the erosion in purchasing power of the US dollar is curtailed... Gold may have to run to more than $725 to send it's next message??? How can Bernanke cut interest rates with all the "printing" going on to fund the massive US twin deficits?? IF he does or the market percieves he will cut rates....will the Gold BULL run again??? Rogue

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