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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (51641)	5/17/2002 7:13:26 PM
From: t2	Read Replies (1) \| Respond to of 65232

Why don't you think investors will go into funds like TGG, FAX and FCO as these type of funds hold foreign government debt. IMO, foreign countries like Australia and Canada government debt is as safe as US government debt and the currencies will do well against the US dollar Sure that could happen but funds are not all going to the same places. Some could go into Gold, other markets, other currencies, US stocks etc. Movement out of treasuries to fuel some gains in stock market even if it is short term. We saw that happening this week while the bonds sold off, stocks rallied and the dollar weakened...all happening at the same time and also Gold moved up a bit late in the week. I am actually re-thinking my dollar plunge being good for Dow stocks. Fleck's article making me doubt my long gold stock plus large cap stocks strategy. He does not believe stocks will do well. He seems to think that it is not so simple to just go into stocks given current valuations. I guess it makes sense as interest rates go up, PEs have to shrink...and right now there are just too high. Message 17484563 btw--If I find that article, I will post it.. on how a dollar drop could be good for big cap stocks...written by a Gold bull.

To: Joan Osland Graffius who wrote (51641)	5/17/2002 8:53:29 PM
From: Jim Willie CB	Read Replies (3) \| Respond to of 65232

I expect Canadian $ to gain 15% versus US$, minimum the underpinnings behind the Canadian economy are loaded with oil, gas, gold, silver, copper, forestry, hydro-electrics, and all manner of natural resources I would put the 15% figure higher, except for its socialism and debt levels good to see some new bright blood I hereby propose that the US back its currency with coal we hold 1/3 of the ENTIRE world coal supply how about $1 currency backed by 10 lbs of coal ??? this country needs to do some serious thinking about our treasures we need to USE FOOD to balance and gaurantee our foreign oil contracts we make assumptions that the world is one big free market that perception is not even remotely close to reality or else why would our trade debt be spiraling out of control? of course, mostly because of dollar overvaluation but you could count the free market nations on fewer than all toes and fingers / jim