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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (11340)11/9/2006 9:22:51 PM
From: Rolla Coasta  Read Replies (3) of 217887
 
btw, did you see what gold did to yesterday's USD 9 drop? pulverized it.

The fact is China, with 1 trillion dollar reserve, doesn't need to buy much gold reserve sitting inside bank vault. Now, they probably would want to sell some of it to the public to collect more money. Plus China doesn't want US dollar to go down either. It is all up to US side of the equation in whether they want to drop the dollar further by buying gold for trade purposes, so manufacturing jobs would come back to US. Now I see TV ad, radio ad, and seminors to attract the public to buy gold and drive up the demand. This is gonna be another bubble maniac. 2 years later, it will be game over. Mark my words...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext