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.

Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: average joe who wrote (24658)	5/21/2009 2:11:23 PM
From: koan	Respond to of 36917

Look at the dollar, it is in freefall. And the metals are going crazy. There is a 92% inverse correlation with the dollar and gold going back a long way. I think the US intends to let the dollar fall around 40% from the high of 88. Look at the link I put below and click on the top right button, scroll down and you will see the metals. Then look across and you will see the US dollar against a basket of currencies. It stands at 80.57. The dollar was 88 about a month ago and is now 80.57. I just sold a few more GBG A wts and bought more FR B wts. kitco.com