SI
SI
discoversearch

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.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (14420)6/25/2006 8:43:37 PM
From: loantech  Read Replies (1) | Respond to of 78416
 
John,
I really appreciate your stopping in.

Tom



To: John McCarthy who wrote (14420)6/25/2006 8:43:55 PM
From: maxncompany  Read Replies (1) | Respond to of 78416
 
A bear market in the US ain't neeassarily a bear market for the world. Each day that goes by, India and China grow. Yes, there is still a great interdependence with the US, but those 2 grow a little less US dependent bit by bit.

A US bear market is only one factor, not the sole determining factor for gold. Gold is a world market. Vast consumption of commoditiies by India and China will continue, and gold will not be left behind.



To: John McCarthy who wrote (14420)6/25/2006 10:01:12 PM
From: koan  Read Replies (1) | Respond to of 78416
 
John, I "noodle" it too with the same questions. I do believe gold rose during the great depression, but do not remember why?

I think, though, that this deficit dilemma may trump the variable of a bear market i.e. a bear market should cause the dollar to fall and if the dollar falls gold and base metals should rise irrespective of the bear mkt.

But I also get caught up in conundrums e.g. if they raise interest rates that should bolster the dollar, but would also exacerbate the bear market.

I have seen no one who has worked their way through this puzzle to my satisfaction.