Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (53192)	5/23/2000 11:19:00 PM
From: LLCF	Read Replies (2) \| Respond to of 116756

<Exactly why would the US dollar sink? The US is paying one of the highest interest rates out there> Oh, lord.... O.K. Ron, starting right here with todays close Eu/$... I get the nag Euro, you get the dollar, first one to get an 8 basis point move wins, loser leaves the thread forever... game? If so, where did the E/$ go out?? DAK DAK

To: Hawkmoon who wrote (53192)	5/24/2000 3:26:00 AM
From: PAUL ROBERTSON	Respond to of 116756

or the euro and mostly gold.

To: Hawkmoon who wrote (53192)	5/24/2000 4:58:00 AM
From: TheBusDriver	Read Replies (2) \| Respond to of 116756

<<Exactly why would the US dollar sink?>> Ron.....He didn't say the dollar WOULD sink. He is hoping it will...he doesn't have to have a reason...does he?...relax<grin> Wayne

To: Hawkmoon who wrote (53192)	5/24/2000 8:57:00 AM
From: Little Joe	Respond to of 116756

"Exactly why would the US dollar sink? The US is paying one of the highest interest rates out there, not out of trying to support their weak currency" Ron: The Dollar tanked in the late seventies when interest rates were incredibly high. In fact the dollar was going down as interest rates and gold were going up. It is significant that people at that time believed: 1. The price of oil would never go down and that we were about to run out of it. 2. We would never see low interest rates again. 3. Inflation was a permanent problem 4. Japan was the new economic superpower and the U.S. was relegated to 2nd class status. The point is that all of us can see what has been and few can see what is coming. Whatever else happens, I am convinced that we are again going into a time of change and that one of the characteristics of the "new economy" will be much higher inflation. I can't explain how or why, but this is what I think the technical indicators and other indicators are telling us. I think we may be seeing a top of great significance at this time. However, it has not been confirmed and I have learned it is best to wait for confirmation and not jump the gun. Live long and prosper, Little joe