Replies

To: CholeraJoe

RE: And yet the GBP and Euro are down against the dollar.

Hmmm.... if the GBP and Euro are down and S&P just downgraded US debt, where will investors flee to ?

Answer : PRECIOUS METALS. Gold is now on its way towards $1500/oz.

7 posted on 04/18/2011 9:05:13 AM PDT by SeekAndFind

To: SeekAndFind

Silver and other PM will also be a strategy.

9 posted on 04/18/2011 9:06:44 AM PDT by PSYCHO-FREEP (Patriotic by Proxy! (Cause I'm a nutcase and it's someone Else's' fault!....))

To: SeekAndFind

Not what I would expect though. Gold’s only up $7/oz and Silver’s down 11 cents.

17 posted on 04/18/2011 9:26:06 AM PDT by CholeraJoe (To conserve energy, the light at the end of the tunnel has been turned off permanently.)

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