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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (20928)5/10/2004 10:33:04 PM
From: Jamey  Read Replies (2) | Respond to of 81122
 
Then it is your belief that gold is not a hedge against a lower dollar valuation? The USD is floating the world at the present time and all good bubbles deflate, eventually.

I still believe that gold is still a good place to put your dollars in uncertain times such as these. What happens when those trains blown up in Spain to influence an election become trains or planes in the USA? Our anxiety will keep gold up for many years to come, imo.

History proves that FIAT money has never succeeded as a currency forever. Gold has been a currency for 5000 years.

James



To: sea_urchin who wrote (20928)5/11/2004 2:09:44 AM
From: Nikole Wollerstein  Read Replies (2) | Respond to of 81122
 
I missed the turnaround in Gold M shares this morning.
What was the trigger? It happened when the gold was way down in the morning.
Was it just technical bounce from 371 and then 372?



To: sea_urchin who wrote (20928)5/11/2004 5:06:41 AM
From: Raymond Duray  Read Replies (1) | Respond to of 81122
 
Re: When the price rises on speculation, as it did, demand, especially in the East, falls off considerably.

If that results in fewer pointless and ridiculous children born in the Punjab, then the increase in the price of gold has some benefit.