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.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: Alias Shrugged who wrote (17127)1/28/1999 2:42:00 PM
From: yard_man  Read Replies (1) | Respond to of 86076
 
PVN just broke 100 ... I'm gonna wait there, too.



To: Alias Shrugged who wrote (17127)1/28/1999 2:53:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
IMO, gold will do well because the Fed (and Al the printer in particular) has a history of printing money when things go bad. Gold is priced in dollars. L-T, this printing leads to inflation NOT deflation from OUR perspective. Deflationary forces are hitting the rest of the world, but countries w/in that deflation can experience inflation .. ex. Russia today or Germany in the 1930's. Gold leads the rest of commodities. It always bottoms first (it did in Aug). Other commodities will bottom later as a US recession is priced into them. Oil will see new lows IMO, but THAT is where drillers, etc should be loaded up on. commodites willnot soar again until we hit an upcycle again at which time the US will experince rampant inflation, but until then we are likely to see flat commodity prices as we print against the oversupply and it evens out in the form of flat prices.