To: Blzbba
The dollar is not sinking, it has been strong against the Yen and Euro. The price of gold and precise metals has just been strong recently after decades of weakness. Don't get me wrong, gold and silver have been tremedous investments in the last few years, but it is not because of a weak dollar.
To: Always Right
Whatever. I'm just happy to be up almost 50% on my original investment, regardless of 'why?' !!!
12 posted on
04/17/2006 11:50:08 AM PDT by
Blzbba
(Beauty is just a light switch away...)
To: Always Right
Depends where you stand, doesn't it? Compared to WHAT is the dollar not sinking? Euros? Gold? Oil?
Measuring everything in gold is an interesting mental exercise. For instance the price of oil has not gone up much in the last year in gold. (That alone makes it a useful hedge for many businesses which again has driven investment in the ETFs).
To: Always Right
The dollar is not sinking, it has been strong against the Yen and Euro. How have the Yen and Euro been doing against hard assets such as copper, natural gas, or steel?
The dollar vs. the Euro is just a Special Olympics race of competitively debased currencies.
The United States of America E Pluribus Unum Still Not As Socialist as France!
22 posted on
04/17/2006 12:23:12 PM PDT by
AdamSelene235
(Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
To: Always Right
"The dollar is not sinking"
What are you smoking??
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