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 (43216)10/17/1999 9:42:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 116984
 
The best thing is investing in the USA at much lower levels. <G>
OTOH, Things not shaping up to bad for tomorrows open, at least on the globex...

Jim



To: Hawkmoon who wrote (43216)10/17/1999 10:14:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116984
 
<<<What is riskier? Investing in Japan where they are running a per capita budget deficit larger than the US AND are CURRENTLY in a major liquidity trap that can only be resolved by MASSIVE DEVALUATION of the Yen (printing money) to shock it out of its lethargy??>>>>

Ron are we talking about the same subject? It appears that you are defending the argument that at some point foreign investors will come back to USA, but who propagated this to start with....Of course, so they will return to Japan, Asia even Russia...

I thought the argument was at what point...7%, 9? 10%?
Partly it depends on willingness to stay in cash..(bear market) How long that would last? How deeply DOW will plunge? All depends on the answers to 7%? 10%?
No one knows, Ron, that is a beauty....And uncertainty is that what counts...We can agree on that, right?



To: Hawkmoon who wrote (43216)10/17/1999 10:54:00 PM
From: Giraffe  Respond to of 116984
 
>>What is riskier?

Investing in Japan <snip>
Investing in Europe, <snip>
Or investing in the US <snip> <<

Faced with trying to find the lesser of three evils I think gold is a reasonable alternative. Once again it is a store of value.