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 coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (9962)8/7/2008 2:01:33 PM
From: Zincman  Respond to of 71456
 
...but don't believe it's as significant as most bugs believe...

I totally agree.

Recently, I was reading some editorial articles from the 70's and 80's that were calling for the imminent demise of the dollar and a probable return to a gold standard of sorts....

This time however, it might be different? lol

ZM



To: ItsAllCyclical who wrote (9962)8/8/2008 12:24:52 PM
From: TH  Read Replies (2) | Respond to of 71456
 
IAC,

<The real question is does such a belief help or hurt you in your quest to make money?>

It did <g/ng>

My admission of being a tinhat freak is tongue-in-cheek of course. I've been posting here for the past few week about my doubts about POG and the amazing stability of the dollar for months at 72. There is no question that this miner sell-off has smashed my trading account, which was at an all time high just a few months ago. I reduced my miner holdings massively in March and April, but the few I still have have done considerable damage.

I"m a goldbull, not a goldbug. Big difference from my perspective.

I'm debating now what to do with my few remaining positions. I guess POG sub 850 will help with that decision.

GT
TH