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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Taikun who wrote (30697)	4/15/2005 2:55:27 PM
From: orkrious	Read Replies (1) \| Respond to of 110194

there may be a shortage of dollars in the US with which to pay debts, but the rest of the world has plenty of excess dollars they want to get rid of.

To: Taikun who wrote (30697)	4/15/2005 2:55:36 PM
From: NOW	Read Replies (1) \| Respond to of 110194

for a time. but three neednt be many folks globally looking to save their wealth with some of the barbaric relic

To: Taikun who wrote (30697)	4/15/2005 3:13:53 PM
From: seventh_son	Read Replies (2) \| Respond to of 110194

Taikun, IMO the bubble-type investments like real estate, financial companies, techs, etc, are the exact opposite type of investment of people who invest in gold. Do you see anyone on any of the threads we follow having holdings in real estate speculation, or buying FNM, GM or Citibank? No. If these debt-related investments fall apart, one might think that the sellers will not be liquidating their gold -- with their thinking they wouldn't have any to begin with. On the other hand, after being taught a lesson on the financial sector, a greater allocation of fund wealth may go to the gold sector if only as a hedge. For the first time, it's easy for funds to suddenly jump into gold with the GLD ETF. Also remember again that the value of all gold stocks in the world is something like 120 billion, whereas US mortgage debt increased by about ten times that amount in only the last year. SS

To: Taikun who wrote (30697)	4/15/2005 3:15:15 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 110194

You have a good point. I don't know. Some suggest that gold is being managed right now. Maybe, maybe not. Possibly there is still too much hopes that all will go fine and the US will go through its current problems. Therefore, people are just starting to move towards gold. There is only one thing I am convinced off and it is that fiat papers moves towards zero over the very long term and that the current set up for the US and some other countries suggest that currencies as a group are only at the beginning of major re-adjustment.