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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Gary105 who wrote (69288)	4/30/2004 5:06:41 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

Gary, My investments are 95% gold & silver and PM stocks, still. I have made a decision not to trade it, and I'm sticking with it, even though it's rather hard, and gold bears have been proven right recently. I think gold is even harder to trade than just to own. I buy the dips, such as now -g- I don't believe in deflation, quite the opposite. When $$$ are dropped from a helicopter, prices don't go down. Also, foreigners own a lot of US bonds and stocks. I expect that a rise in LT interest rates will cause panic at the Fed, and any possibility of derivative meltdown will be papered over. It does not even matter how much $ will have to be printed to do that. So, my word is stagflation. The better one of the unavoidable nasty scenarios. I understand that the train could come off the track as well - the derivative blow-up can happen any time when rates rise.