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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (145781)1/23/2002 10:34:33 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
Welcome back... please stay and continue this type of contribution to the board as it may keep me from taking too many profits on gold shares :)

DAK



To: pater tenebrarum who wrote (145781)1/23/2002 10:55:06 PM
From: Earlie  Read Replies (1) | Respond to of 436258
 
Heinz:

Could not agree more.... on every single point.

The Euro is already being accepted by many as a much better reserve currency (the middle east oil folk, China, etc.) and Europe just plain has to off-load its excess US treasuries asap. Once the dump gets underway, it will accelerate IMHO.

The fact that the Euro has a dollop of gold backing the faces on the paper, as well as the fact that the rest of the world is not awash in a forty year old tidal wave of Euro-denominated debt paper has to be weighing on the minds of treasury-heavy players. Let the (selling) games begin!

Best, Earlie