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To: Perspective who wrote (169883)6/3/2002 4:13:13 PM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
dollar ain't gonna bounce.... imo.



To: Perspective who wrote (169883)6/3/2002 5:19:36 PM
From: marginmike  Read Replies (1) | Respond to of 436258
 
seems that is "the wall of worry"-g- I have actually been buying Silver stocks as silver looks to be doing what gold did a wee bit back. Chart is ready to blow UP!



To: Perspective who wrote (169883)6/3/2002 10:20:27 PM
From: Rarebird  Respond to of 436258
 
If you study the history of empires, beginning with Ancient Greece and Rome, it is easy to see how the USA has lost its grip and is completely out of control as far as the global financial community is concerned. I don't think Europe will allow itself to go down the tubes in the coming US wreckage.

Moreover, due to its economic cost, a war has always torn huge economic chunks out of the country engaged in it, making that place not a good place for investment. And Europe also knows the central thing Washington seems to have forgotten. If the money used to make war is taken away, the likelihood of actual war diminishes proportionally. Knowing that, Europe is taking its money out.

The USD is headed much lower. I only see short corrective technical bounces.

It takes guts and courage to be a gold bull here. Climb the wall of worry!

Every indicator I track(except for the dumb commercials), economic fundamental, interest rate and currency differential, says there is clear sailing ahead in the gold market. I know it's hard to believe but the perfect environment for gold stocks is getting even better.