What I heard on TV couple weeks back.
Well if the stock markets are looking a dodgy bet, then investors are looking to park money elsewhere, hence buying the safety of Dollars. Now I did hear a chap the other day claim, if there is a whiff of recovery in the economy (& Stock markets) then expect the Dollar to decline 13% (short term 3-6 months ?) As investors pull money out of the perceived dollar safety and put it back into stocks.
hmm yeah. There seems to be a wave of G20 happiness wafting about. I mean an extra 1 trillions of dollars to pump into the worlds economy is a bit like drunks at a party deciding to drink them selves sober . More of the same down their necks and hoping for a different outcome. And theres me thinking thats the definition of insanity ?
Ho hum. See what happens from here on. But you mention Gold , and I did hear some fundies talking about buy dips below $900 which we are more or less bobbing around , but I can see gold going back towards $500-700 range.
Whats the attraction of gold above $1000 ? What would prop those valuations up if the economy looks like stablizing ,looking ahead next 12-24 months ?
I basing this on the planet seeing this economic band aid and actually them having some sort of faith in it working. Baring any other major collapses not appearing, like a credit card company or something.
Seems to be smiles all round and a sigh of relief almost. Don't know if anyone else detects that, at this time ?
hmm yeah. There seems to be a wave of G20 happiness wafting about. I mean an extra 1 trillions of dollars to pump into the worlds economy is a bit like drunks at a party deciding to drink them selves sober . More of the same down their necks and hoping for a different outcome. And theres me thinking thats the definition of insanity ?
Ho hum. See what happens from here on. But you mention Gold , and I did hear some fundies talking about buy dips below $900 which we are more or less bobbing around , but I can see gold going back towards $500-700 range.
Whats the attraction of gold above $1000 ? What would prop those valuations up if the economy looks like stablizing ,looking ahead next 12-24 months ?
I basing this on the planet seeing this economic band aid and actually them having some sort of faith in it working. Baring any other major collapses not appearing, like a credit card company or something.
Seems to be smiles all round and a sigh of relief almost. Don't know if anyone else detects that, at this time ?
Our Dear Boy President will screw us, count on it! Yes, I'm afraid he's going to give us change alright, if we thought things were bad, just wait till he tries to fix them... The only ones are going to survive and prosper is the rich, the middle class will be moved to the lower class... It's called population control, a form of socialism., Stallen do it.
Regards,
Maddman
Unfortunately, we will become of victims of CHANGE. there will be the rich and the poor, the middle class will be moved in the poor class, we'll be picking fruit and vegetables before you know it. Mark my words, sad but very probable..... :!: Time will tell no lies... but so far I haven't seen anybody benefit except the rich and ACORN! I'm now wondering why should I keep making my house payment when the same house across the street is selling for half price!!!! I think we're all screwed.
