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 : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (1708)4/5/2001 10:25:49 PM
From: ahhahaRespond to of 24758
 
You can't say that if the dollar falls, gold will rise. Gold rises for one and only one reason:inflation. Never forget that. The 'Bugs don't believe it. They don't believe their charts.

The dollar could fall against some currencies like the yen and rise against others like the Euro. Maybe on balance the dollar could fall, but that doesn't necessarily mean there will be inflation, so gold would dawdle. Gold can't trend without structural inflation, and the dollar won't fall against the majority of currencies unless we pursue inflationary policies. The Democrats have a bushel full of such policies, so the dollar isn't secure. After all, the majority here are Democrats.

In any event the order is: socialist inflationary policies ---> declining dollar against most currencies ---> rising gold price. You have plenty of time to get into gold. I've always considered it as an option. Not any longer. I don't care what socialists take over. I agree with Menachim Begin, "Never again".