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.

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

To: philv who wrote (24379)	5/24/2006 2:45:14 PM
From: sea_urchin	Respond to of 81169

Phil > we have heard this kind of warning for years, but all the while, reality moves the opposite way. I note you are an oracle of wisdom. As for me, I don't think the man is yet born who has testicles large enough to switch off the money printing presses.

To: philv who wrote (24379)	5/24/2006 6:52:20 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81169

Phil > OECD warns rebalancing of US deficit may drive dollar down sharply Don't forget if they can kill the gold price, which of course is a proxy for all commodities, they can restore confidence in the dollar -- and at lower interest rates, which has to be in order to protect the buying power of the US consumer. Likewise, they can kill the Euro, which actually won't take much killing and the yen, as we know, is always ready to lie down and die. Thus the printing game can continue and willing buyers will always be found for the debt because the dollar will still be almighty -- even though the emperor has no clothes. technicalindicators.com >>Although a gain of $16 would normally help the indicators, the short term indicators continue to turn down. Gold had a range of more than $90 in the past 2 weeks, so today's [Tuesday] recovery is minor and not yet significant. Practically all the indicators (with only minor exception) are pointing downward and not yet near oversold, suggesting the potential for further decline.<<