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.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (8037)	8/7/2006 9:21:49 AM
From: Ramsey Su	Read Replies (6) \| Respond to of 220124

Just got back from Italy/Switzerland. This is only my second trip to Europe after the EC/EURO era. How things have changed. There is no doubt that the cost of living in Italy is above that of the US. As for Switzerland, I was in St Moritz so it is hard to compare that to anything. My informal salary survey in Italy shows their income at a lower level as compared to here. I was told that the average Luigi survives financially because their housing expense is much less than ours, with kids living in family homes well into their working years. Strong protection laws appear to be stopping the Asian/Walmart invasion, so far. Regardless, I simply cannot see the ability of the Euro to go up much more against the US$. So how is that going to affect the precious metals?

To: TobagoJack who wrote (8037)	8/18/2006 11:26:20 PM
From: Arran Yuan	Read Replies (2) \| Respond to of 220124

Jack, My impression is that the liquidity sludging around the global has to be drained to a certain degree - stagflation to come. China will likely to have a recession, too. Wether its growth rate will be below zero will depend on the pace(s) that CBs are going to drain the excess liquidity. The only CBs could now inflate more is through wars. However, with the status quo of US FRN$'s quasi reserve currency to defend and USA's planet destroying arsenals, they are not ready to do it, yet. Not until they find a substitute. Euro is a test, though. Saddam embraced it!!! Iran is flirting with it now with a different strategy!!! Guess Iran will probably be able to tread the water. Again, that depends on the "reserve currency". All in all, there is very slim odds for a major world war in the near future. As to Taiwan to mainland, there is not that much risk out there as long as China knows how to and has the determination to use its leverage. I see both present. Yes, to me, Ag/Au/Pt have been the reserve currency for some time now, and will be for some time to come.