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 : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (24102)	12/23/2002 2:07:53 PM
From: Jim Willie CB	Respond to of 36161

Arik, interesting, unique that gold is leading US$ now usually the dollar is the lead instrument, gold follows but with the ESF team hard at work sticking fat fingers in dike holes, they have too much to deal with nowadays stocks, bonds, dollar gold is harder to control, since BoJ and ECB are too busy on the FOREX fronts what is your take on the recent change where it seems clear tom any (including me) that gold is the lead dog now? much appreciated, always value your views my take is that the debasement of currencies will be universal soon as yen, dollar, euro will all be undermined in a massive effort to lead to orderly dollar devaluation the Central Banks will attempt to convince the world that all is well as RELATIVE CURRENCY VALUATIONS are maintained but they overlook the role of GOLD in the relative scoring process I think they lose control on gold while battling deflation they will continue to push the Demonetized Gold Role that will be a harder sell, as time passes thanks, jim