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.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (38567)8/7/1999 9:02:00 PM
From: Enigma  Read Replies (2) | Respond to of 116763
 
<<. A cheaper dollar lowers the trade deficit while making our goods more competitive overseas. That will be good for earnings (unless every other economy collapses and can't afford to buy anything)>>

Too simple. Cheaper dollar could be inflationary - imports much more expensive and many U.S. manufacturers have a large percentage of components made overseas. Taake the typical automobile as an example. Additionally a cheaper dollar will hasten the flight of capital from U.S. markets and will greatly diminish the perceived wealth of investors who will cut back on consumption. Higher oil imports priced in diminished dollars will increase transportation and heating costs and cut into earnings. And finally all of this should help the POG. d



To: Hawkmoon who wrote (38567)8/7/1999 9:04:00 PM
From: Rarebird  Read Replies (1) | Respond to of 116763
 
< So you tell me where are people going to put their money? >

Gold,, Ron, the currency and investment of last resort, much to your chagrin and horror. The fundamentals of the US economy are Now Unattractive for anyone to invest in. Comparing the fundamentals of the US Economy with Japan won't help you here because Gold is now more attractive as an investment and currency for the Global Economy than the US Dollar and the US Financial Markets.

< The US is a safe haven for the very fact that we are surronded by two separate oceans and are the world's only mega power >

I know you can do better than that. Gold is now a much greater "safe haven" than the US dollar! You can have your US Dollar with the outrageous trade deficit, surging inflation, and lower productivity. Foreigners and Most the World want out of the US Dollar NOW. The Dollar has become a piece of crappola, garbage, not worth holding any longer. Gold has better fundamentals today. The deteriorating fundamentals that lie behind the most recent erosion in the value of the dollar, is a wake up call for the World to put their resources behind the most stable currency in the World, GOLD And it will happen as Gold rises from the Dead.

I say again: The Dollar is Dying ( as all fiat currencies do) and so is the US Stock and Bond Market.



To: Hawkmoon who wrote (38567)8/7/1999 9:49:00 PM
From: Rarebird  Read Replies (2) | Respond to of 116763
 
< Rarebird.. do us both a favor and don't bother posting anymore of this Gold-Eagle BS to me anymore. Post it to someone else. >

Now we have come full circle here, Ron. Some Gold Bugs didn't want you posting on this thread because of your extremely hostile attitude toward Gold. Now your doing the exact same thing as they did when it comes to Gold-Eagle. This is a Gold Thread, Ron. I've always defended your right to post your hostile views on Gold even when I found some of your ideas personally repulsive.

Ron, you don't even take Gold seriously as a currency or investment of last resort. The reason why people are sometimes hostile to you is because they feel you just want to kill or destroy gold completely as an investment and currency. You are worse than the CB's, Ron Reece!
Is your intention of posting on this thread to try to destroy people's view of Gold as a good investment today?