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: NOW who wrote (29508)	8/8/2010 9:15:53 PM
From: Real Man	Respond to of 71402

Gold crash or market crash? FWIW, KGX is Kitco index for gold in many currencies, not just the dollar. 2008 wasn't that bad. Gold is in a long term bull market, IMHO. Dip buyers rewarded? That isn't to say that gold stocks don't crash. They always did and will do it again -g- Gold in Euros fx.sauder.ubc.ca*&fd=1&fm=1&fy=2007&ld=31&lm=12&ly=2010&y=daily&q=volume&f=png&a=lin&m=0&x=

To: NOW who wrote (29508)	8/8/2010 11:14:52 PM
From: Real Man	Read Replies (1) \| Respond to of 71402

We'll see. I am open to any possibilities. I think we are due to see some dollar bounce and stock market drop. However, gold is dancing to the ultimate safety asset tune, and it's just unclear what it will do. It could easily zoom higher on all this. Lately it moved together with US treasuries and the dollar. Pretty unusual, huh? The same sort of buyers, I guess. The technical picture is still bullish, so I just go with what I see.