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: stockfiend who wrote (85125)8/15/2007 5:53:30 PM
From: zebra4o1  Read Replies (2) of 110194
 
This is exactly my fear about gold - I am a goldbug with growing doubts and anxieties. We are having a credit crisis and gold goes down, while oil goes up.

Maybe the gold market is just too small and obscure to serve as an alternative to fiat money. What other substance is universally valued, fungible, transportable, storable, etc? Oil of course!

Maybe the next reserve currency will be the BTU?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext