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.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (46776)4/16/2000 8:21:00 PM
From: SBerglowe  Read Replies (5) | Respond to of 99985
 
>a bear market coupled with a private sector debt wipe-out will ultimately make short
shrift with the 'budget surplus' as well.

Which would mean a currency collapse and therefore a reevaluation of tangible assets including land and gold (and antiques and great works of art.) However, the prices on great works of art may already be inflated because of the "bubble economy", and the subjective debate about what constitutes great or important art.

GOLD- So long in disfavor, which of course makes for the obvious contrarian point of view. NO ONE REALLY BELIEVES THAT GOLD CAN GO UP. My own husband tells me he will never buy gold, unless he can drape it on my body, which is fine with me. However, I have proven to myself that I have a personal bent to be an opportunist in the markets.

Therefore, Heinz, I have begun to follow your lead in buying gold stocks. Currencies backed by debt don't really seem that stable...and with all the planets in Taurus....the world will be looking for a stable place to be. There's really nothing worth buying now.....unless it is cheap...GOLD is 'cheap'. WOW...so I bought some TVX and HM...I really like the monthly charts. Thanks, Heinz for pointing me in that sage direction. :))