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 : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Boca_PETE who wrote (41305)	12/17/2008 10:04:31 AM
From: LLCF	1 Recommendation Read Replies (1) \| Respond to of 42834

<Are you concerned that at some point down the line the FED will withdraw much of this additional liquidity they are now injecting into the system to prevent deflation? Such FED action could put the kabosh on the buy gold-sell dollars strategy.> Yea, I'll be worried when it becomes obvious we're headed for Weimar Germany... in a few years when Gold is 5k an oz. or so. <Believing what you say, are you just selling the US Dollar and buying Gold, or, are you doing that with leverage by entering into long term fixed interest loans at current low rates?> Leverage is what blows people out and turns them into chart chasers, never being able to be an "investor" instead of a tick trader. That's why Rogers is like.... yea, buy more. Cause he's long gold from 250... so it corrects... so? I bought a bunch more Canadian government bonds the other day as I am based in the US and naturally own the US dollar. I also own GLD for gold, and think there are gold shares being given away that I've been buying. Gold is simply a great long term play... maybe the greatest in my life time... sadly because of the coming demise of $US that have printed over the past decades. DAK