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: Claude Cormier who wrote (80150)12/23/2001 8:11:45 PM
From: dean poets  Read Replies (1) | Respond to of 116759
 
$132 Billion is SQUAT! The sneaky American government probably knew it was going to happen, and have already printed another 2 trillion in currency to support the markets. They will short Gold over night in London & Hong Kong, and there is nothing to worry about. Same old, same old.

This scenario has been going on for several years now, and I'm not sure what it is going to take to change things? I wonder when the public will wake up, & realize they have been watching a magic show? POOF there is another Zillion dollars printed. ALA-CAZOO lets drop interest rates another 1%. ALA-CAZAM Gold drops another $40 dollars an ounce.

This sham should end soon, and I'm not sure when. But when it does, people will lose their trust in American dominated assets, and it will not just be a short term blip, but a new long term trend. GOLD will not stay down forever!

Lock in your long term mortgages, cause interest rates are gonna rocket upward soon! Why the hell would anybody invest in American currency for a measily 2-3% interest? A person could lose 20-30% in currency depreciation in a couple weeks.