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.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (97169)12/12/2007 2:18:51 PM
From: Mike JohnstonRead Replies (2) | Respond to of 306849
 
You should own some gold, because one day you will want to, but will be unable to buy it.

Here is a scenario: one day you wake up and see the news that the US Fed has purchased $1 trillion worth of US Treasury and agency securities from China. Of course this news will be released only after chinese have already converted their trillion dollars into gold or other currencies, they would not wish anyone run in front of them, in that case gold might open up 150-200 dollars higher that morning.



To: Perspective who wrote (97169)12/12/2007 2:28:58 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
Everything's correlated lately....speaking of that, crude's up 4 and 1/2 clowbux today!

quotes.ino.com

Once again, Minsky's law of reliquification rules the day (ie, in a forced reliquification, liquidity flows to inflating assets, i.e., commodities).



To: Perspective who wrote (97169)12/12/2007 2:29:12 PM
From: bentwayRespond to of 306849
 
Well, you could join me in my other hedges, guns and canned food.