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.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (34027)5/20/2003 4:56:07 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi Maurice, <<Snow bowing to me and inviting into his parlour to help myself looks just a little on the suspicious side>>

You are wrong to selectively believe and disbelieve the Treasury and the FED based on your wished for outcome of the Script. You are fighting the Script, and it cannot be fought.

<<... US steel producers are doing just fine with the lower dollar>>

... the level of USD exchanged rate at which US manufacturing does well, FYI, is known as death-level discount, a rate at which your dollar hoard will buy you precisely and no more than three tins of cat food drying on the sidewalk next to a pile of moist doggie poo.

<<It'll certainly force people to spend US$ sooner or later>>

... You meant to say 'dump' the USD?

<<I shall hold my cash for now. I want to see if GE has actually got hairy legs, as you suggested. I want to see if JP Morgan is burdened with a backwards bet on gold>>

... too late by then, for you, to save yourself.

Chugs, Jay



To: Maurice Winn who wrote (34027)5/20/2003 9:34:31 AM
From: Ilaine  Read Replies (1) | Respond to of 74559
 
You don't spend in a deflation, you wait for prices to come down. You spend in an inflation because otherwise your money becomes devalued. In a deflation, it's assets that devalue.

Jay is correct that when the dollar goes down, typically gold goes up. If there's a direct linkage, I don't know what it is. Gold-other assets-money arbitrage makes my head hurt.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News