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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (13725)12/1/2008 11:36:41 PM
From: pitbull_1_us  Read Replies (2) of 50072
 
Thanks Slider..However my interest is in the currency reaction if the european banks implode..Do you see any further longterm dollar strength in the offhand chance that the world powers cannot contain a massive emerging economy debt default.(ie crushed euro = dollar strength)
My concern involves my rather large physical precious metal holdings in that I may want to begin to scale out if they are drug much further down because of a withdrawn strengthening of the dollar.I'm not really concerned with silver above 8 or gold above 600 but if they are going below that for a 10 year period I need to begin selling if I want to get out without a loss.Thanks in advance.
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