Gold Price Monitor Message Board

STOCKTALK

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.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.04

-1.4%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tekgk who wrote (6961)	1/31/1998 2:16:00 AM
From: marcos	Read Replies (1) of 116762

Well thought and well said, tekgk. The world may soon have two reserve currencies, only sixty years after the US dollar took over from sterling. Europe is as large an economy as North America, if they can agree on currency union that currency will be strong, near-Bundesbank standards will apply, as the Germans will have it no other way. It is difficult to imagine that Euro-managers would not want some diversification from the US dollar in their reserves, or that they could be so short-sighted as to reduce gold holdings. It's not much of a stretch to see them accumulating both dollars and gold at this point. It seems reasonable that Mr Greenspan would want a few Euros on the books, as well. People might consider following your bio over to Mohan's thread for some great posts. ........... Salud .................. marcos

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next