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.

Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (1682)	4/5/2001 6:20:31 PM
From: Ilaine	Read Replies (3) \| Respond to of 24758

I'm trying to understand the Great Depression, but it has to be done in stages. For the stage I am at right now, I have to understand the operation of the so-called Gold Standard in foreign exchange. That means I have to understand foreign exchange, so I am trying understand that. I think I get how it works in theory, but now am trying to understand how it works in practice. Here is my question - why does the United States want to keep the dollar "strong"? We have the worst balance of trade that we've ever had. Is it helpful to Japan? Is that why?

To: ahhaha who wrote (1682)	4/5/2001 6:24:56 PM
From: Ilaine	Read Replies (1) \| Respond to of 24758

BTW, gold bugs are impervious to facts. They all read the same things and it tells them what they want to hear and if you don't tell them what they want to hear then they aren't interested. On the other hand, it may well be true if the dollar falls, gold will go up. I haven't studied the correlation, just observed it casually. When I was young, I thought business was boring. I was the artistic type. Now I find it fascinating. Trying to make up for years of lost time.