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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (678)9/20/2005 4:09:04 PM
From: bredren155  Respond to of 50604
 
Mr. Slider, you mention in one of your recent posts silver and palladium...are you buying the metals or any particular related shares ?
Looks like you made a good call sellin' gold shares...at least for now...My congrats!



To: SliderOnTheBlack who wrote (678)9/20/2005 5:29:19 PM
From: ecrire  Respond to of 50604
 
Agree that severe US$ weakness is needed to propel gold higher. Despite current positive US$ action,I think it's rally will be very shortlived, because the fundementals don't justify it.Interest rate differentials are not a sufficient reason.In summary, I expect the dollar weakness along with gold strength to develop much sooner than your scenario.



To: SliderOnTheBlack who wrote (678)9/20/2005 6:57:02 PM
From: Fiscally Conservative  Respond to of 50604
 
"What I think will eventually launch Gold and Goldstocks to significantly New and Higher highs ($550+ Gold and HUI 350ish) is when the Fed once again begins to cut interest rates and is forced to re-stimulate the US Economy BY CRANKING UP THE PRINTING PRESSES !"

That is exactly the opposite of what has been taking place these past few weeks in relation to Global Au demand.

Sounds like you are convinced the FED will eventually enough return to their fiscal stimulating rate cut stance while the rest of the world laughs their way to the bank. We are already in dangerous waters here. What the FED eventually decides to do will be largely predicated on the current political bias of the day,although even this much grease will ultimately have little effect in the end with where all this is headed. Current rate increases will continue,they have to. The mess this economy faces is real;payback is always a Bitch.

IMO



To: SliderOnTheBlack who wrote (678)9/20/2005 6:57:08 PM
From: Fiscally Conservative  Respond to of 50604
 
"What I think will eventually launch Gold and Goldstocks to significantly New and Higher highs ($550+ Gold and HUI 350ish) is when the Fed once again begins to cut interest rates and is forced to re-stimulate the US Economy BY CRANKING UP THE PRINTING PRESSES !"

That is exactly the opposite of what has been taking place these past few weeks in relation to Global Au demand.

Sounds like you are convinced the FED will eventually enough return to their fiscal stimulating rate cut stance while the rest of the world laughs their way to the bank. We are already in dangerous waters here. What the FED eventually decides to do will be largely predicated on the current political bias of the day,although even this much grease will ultimately have little effect in the end with where all this is headed. Current rate increases will continue,they have to. The mess this economy faces is real;payback is always a Bitch.

IMO