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 : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: JohnM who wrote (125462)	11/24/2009 8:50:41 AM
From: Steve Lokness	Read Replies (3) \| Respond to of 542231

John; I thought we had all concluded, since De......... What we voted on this? Those who disregard gold price do so ignoring history. There is no inconsistency here in my mind. The world is becoming awash in dollars and looking for someplace, any place that will offer a return. Since most conventional places increasingly look like a poor investment, gold is looking more attractive even though it pays no interest. I wonder if the rise of gold this time has less to do with inflation - because of unemployment - and is more about the falling dollar? To suggest that conventional wisdom started in 92 watching bond prices has a rather short record to rely on? Having said all this, I hope you are right - and that I am wrong. steve