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: Real Man who wrote (66748)3/30/2001 10:14:21 AM
From: Richard Mazzarella  Respond to of 116753
 
Vi, <<WTF did the $ go?>> Like patriotism, the last refuge of a scoundrel? LOL



To: Real Man who wrote (66748)3/30/2001 10:18:54 AM
From: Gary H  Read Replies (2) | Respond to of 116753
 
A friend of mine subscribes to the Elliott Wave and the last issue states that ~ gold's next significant move should be a decline below $254. Once the $252 low of Aug 99 is violated, a wave of selling pressure will drive prices toward our long-standing downward target of below $200.
???????
Don't shoot the messanger.



To: Real Man who wrote (66748)3/30/2001 10:31:01 AM
From: Rarebird  Read Replies (2) | Respond to of 116753
 
<Bonds down, stocks down, dollar up. WTF did the $ go?>

The US $$$ trades in Monetary Heaven, on divine principles. <ggg>

If the US $$$ breaks down substantially, the global economy crashes and it is, as Samuel Beckett would say the Endgame, Checkmate. Gold then Wins.

The CB's, the monetary mechanics of the financial universe, will fight any substantial decline in the US $$$ with all their might and ammunition. It is like Custer's last financial stand for them. However, all the economic fundamentals are turning against them. The monetarists think the Angellic CB's control the economic fundamentals. But it has reached a point where Greenspan has already lost control. The other CB's of the World are beginning to distance themselves from Greenspan. Notice how the ECB has refused to cooperate and lower rates yet. Asia can't help any longer. The problem is that the rest of the World has structured their economies with the US Economy as the Titanic and their economies fail if the US economy goes into a prolonged recession or depression. At some point, as the economic fundamentals get even worse, unity within the Fallen Monetary Angels will Break.

Got Gold?