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.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Gary H who wrote (32516)4/26/1999 3:18:00 AM
From: Zardoz  Respond to of 116762
 
"do you not think that this continuation could continue as the market drops, then the dollar drops and people seek safe harbor, they will move (to some degree) to gold."

Well, if the USA is the last buyer of products from around the world, would a severe drop in the USA dollar actually push the world closer to oblivion again? Or do we subscribe to the believe that the world in 3 months has fully absorbed all the problems of 1 year ago? Maybe if the dow is correcting the money will flow to the US treasuries? To me the Dollar looks like it's ready to explode upwards, even in the face of higher deficits.
decisionpoint.com
But I am still of the opinion that the Dow is in DREAMLAND now. But appearently growth in the DOW companies, and others are on the increase. At best GOLD will go sideways... I still see a downtrend, but I'm neither long or short. I think any higher yield on bonds and the cash will flow into USA.

PS: I'd love to see a move fast, either direction.