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

To: Real Man who wrote (23766)	10/22/2009 6:16:33 PM
From: gregor_us	1 Recommendation Read Replies (2) \| Respond to of 71408

Gold's performance in this asset reflation is unremarkable compared to many other assets on the planet--and yet it draws (as usual) tremendously passionate commentary. There are two things at work here. One, is that intuitively the mainstream is more comfortable with the Brazilian Stock Index doubling in USD terms in short order, and quite uncomfortable with gold going up half us much, or less, as the former gives hope to a USA in trouble and the latter confirms it. Also, we will soon see the GOOG effect in POG which is a phenomenon whereby those who are skeptical anyway become "outraged" on a daily basis at the whole dollar amount that POG will be rising by, and not the percentage. I saw this unfold for years around GOOG, especially when 3% moves became 12.00 dollar moves. It's exciting to think how much anger 1500 POG will generate as the double dip in the economy unfolds, and 3% moves are 45.00 dollar moves, causing mainstream meltdowns on the telly. G

To: Real Man who wrote (23766)	10/23/2009 3:18:04 AM
From: RJA_	Respond to of 71408

>> Even I have huge uncontrollable fear that it will now crash. Well, it is manipulated. There is the huge short position on the comex by JPM and HSBC (backed we assume by the fed). That has not disappeared according to Ed Steer.

To: Real Man who wrote (23766)	10/23/2009 4:31:40 AM
From: maceng2	1 Recommendation Respond to of 71408

I think you are right on that concern. Gold is acting OK, but I am seeing a torrent of deep fear. Stock market going up, USD going down HAS to run into a problem imho. A confidence problem. The volatility is the tell tell sign that needs to be watched for, and it looks as if we already have some. The bigger the move in one direction, the bigger the discontinuous break will be when it happens. I watched this link from Jesses Cafe to refresh my memory of the sequence. jessescrossroadscafe.blogspot.com "Just in case" as it were -g- I presume this is why we are seeing a usd slide instead of a fall. The Fed really must be scared this time.

To: Real Man who wrote (23766)	10/23/2009 5:38:24 AM
From: re3	Read Replies (1) \| Respond to of 71408

are there any dollar BULLS right now ? oh, interesting point here made by you : Gold bubble (GLD) is roughly 1/6 of Apple bubble in size. It got room -g- are some interested in gold but reluctant to buy GLD ?