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.
Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (490)11/2/2003 1:37:23 AM
From: Andrew  Read Replies (1) | Respond to of 29622
 
I expect that the $CAN will continue to appreciate against the USD. The USD seems to have been overvalued due its role as "reserve currency". I also expect that the goldminers know this and some are hedging the currencies.

I also expect that the USD gold relationship will decouple and perhaps already has somewhat.

We need to see the gold price appreciate in all currencies. Perhaps we will, inflationary pressures are not restricted to the US. Interest rates are low around the world.

Other investment opportunities? Not many, I am bearish all around although trading opportunities always exist. I am shorting overpriced US stocks.