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.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: bambs who wrote (55836)	10/7/2001 8:53:28 AM
From: re3	Read Replies (1) \| Respond to of 77400

for future reference (hopefully!!!) Message 13544976

To: bambs who wrote (55836)	10/7/2001 12:56:27 PM
From: Eric	Respond to of 77400

Time might, might prove me wrong and I can accept that. Sure the potential is there for gold to go up significantly but I would only put a small percentage of assets in it. Am I, not in the least! The risks of being on the wrong side are just too great. Will gold double in price from here? Probably about a one in a thousand proposition! I totally agree that the only thing backing the dollar is confidence. But when you look at the strengths of our economy and country it is no wonder the dollar is and even now more becoming the worlds currency. The fed could print many more dollars but they don't need to at this time. The government can spend a lot of money on infrastructure and other things to get the economy rolling again. The funny thing is we are only talking about a few percentage points of difference in our economy. The screaming I hear about this is way, way overblown. I wonder if people ever study history to keep a perspective. Gold at $10,000 an ounce??? The world would have to come to an end for that scenario to play out. Very, very remote my friend.