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: barrcuda who wrote (72055)	6/20/2001 6:55:16 PM
From: Canuck Dave	Read Replies (4) \| Respond to of 116762

I'm starting to think maybe gold isn't going to go up strongly any day soon. The whole dollar crisis scenario is based on the US dollar getting weaker. The question is, weaker against what? I can't see the Euro being a bastion, the individual countries will never be able to get together on enough issues to present a united front. The Japanese seem quite happy with their deflationary economy. Who else is there? This means the banks and governments can keep the pressure on the one single factor which would give a lie to the inflation nonsense, gold. They apparently still have lots of central bank supplies they can use to bully mines into forward selling, and they can snuff any gold price rallies in no time with accelerated leasing. Noone is more frustrated by the lack of movement in precious metals (particularly silver) than I, but can someone show me where the above logic is flawed? CD