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.

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

To: Earlie who wrote (210855)	12/20/2002 6:41:31 AM
From: Perspective	Respond to of 436258

Earlie, Thanks for the thoughtful response. I replied to a reply instead of you. Message 18357222 I disagree regarding gold and the dollar. I don't see any way that the Fed can continue jamming the money supply without surging gold prices. They might be able to sustain the dollar, but suppressing gold is a losing battle and counterproductive to producing the inflation they now seek. If they got cooperation from all the monetary authorities of the planet, they could sustain the dollar, but I don't think that's even desirable any more. I genuinely believe that they are cornered and resorting to Hail Mary's. The only way to prevent general deflation is to import inflationary pressure - devalue the dollar. Their recent actions tell me that they are now that desperate. BC