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: Zardoz who wrote (38579)8/7/1999 10:39:00 PM
From: Rarebird  Read Replies (1) | Respond to of 116764
 
< So why isn't gold rising while M2 and the US dollar are falling?

1)Because the actual rate of inflation as measured by the CPI ( which is a lagging indicator) thus far has not yet surpassed short term interest rates.
2) Until recently, GDP was higher than the inflation rate.
3) Hardly anyone expects the most recent decline in the dollar to continue.
4) Hardly anyone takes seriously a Bear Market occuring in the US Stock and Bond Market.