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: Square_Dealings who wrote (74525)8/6/2001 1:03:03 AM
From: Box-By-The-Riviera™  Respond to of 116856
 
story somewhere today about japanese banks raising rates on the CFZ thread...



To: Square_Dealings who wrote (74525)8/6/2001 12:28:00 PM
From: t2  Read Replies (3) | Respond to of 116856
 
How does increasing unemployment; weak economy affect gold prices?
Even if there is no inflation, one would think that Gold price drops. However, it may be a little different this time. Gold seems to have been held back by a strong dollar.

If the dollar weakens against the EURO, would that not push up the price of Gold?

Gold stocks look to be a good hedge at this point especially since real estate prices have not dropped. If the economy does not pick up, it would be a pretty reasonable bet that real estate crumbles.

Is my logical flawed?