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.

Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: onepath who wrote (20605)	8/3/2011 8:03:01 PM
From: koan	Read Replies (1) \| Respond to of 23125

I am sure most here know this, so this is mostly rhetorical. Europe, England, Japan and the US economics are all contracting. And all doors open to stimulus are closed. This means only QE can be used, so all currencies will decline and why gold is skyrocketing and will continue to move up, IMO. They are talking parity for the euro with the dollar; and I don't see how the Euro can stay together? Where can one put their money safely if the US becomes suspect as it has, and will continue to be, IMO. When even the countries are hedging with gold and silver!? This is a new game. There is no where easy. The best currencies are Norway, Sweden, Germany, Switzerland, Australia and Canada. But many of them are already overvalued and causing problems for their economies e.g. Swiss Franc and aussie dollar. The debt ceiling deal that just past is estimated to lower GDP by 1.5%! So a euro parity with the dollar is really bad.