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: Wyätt Gwyön who wrote (25178)12/4/2009 9:15:47 AM
From: Real Man  Read Replies (2) | Respond to of 71403
 
I'm expecting gold to correct violently, as it always does
after an extended bull run, then this opinion to be firmly
in place in the media. That's when I'll buy back more
levered part of my position. Gold is in a major 3-d leg of
its secular bull, during which it will catch up with prior
monetary expansion. 5-8K is the approximate top of
this multi-year run, unless the Fed blows up the dollar.
In the latter case both gold and DOW will start adding
zeroes. I have my doubts about the Fed blowing up the
dollar, but never discount the stupidity of the government.
It's always "exceeding expectations" -g-



To: Wyätt Gwyön who wrote (25178)12/4/2009 11:02:24 AM
From: Mike M21 Recommendation  Read Replies (1) | Respond to of 71403
 
Wyatt " scarce" is a relative word . The supply of Fiat currencies especially US$ has increased substantially. Gold has and will continue to rise in response to monetary inflation.