Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

banned from Kos

(4,017 posts)

19. just went out. Yes, you said $ strength was "delusional" but the

Reply to BeHereNow (Reply #16)

Wed Dec 14, 2011, 03:51 PM

Dec 2011

DXY is up to 80.55 to support my claim.

And "doom and gloom" is appropriate if you are talking global economic meltdown. Global GDP will easily rise in the
next 3-4 years. Our own GDP will rise 3% this next year (using my favorite forecaster).

The Dollar will continue to gain strength, inflation is nearly dead, M1 is contained, and Asia/South America are booming.

If you went partial PM in 2002 - Congrats. You can now sell near the top.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

31 replies

= new reply since forum marked as read

Highlight:

Gold down $95 today after losses yesterday. US Dollar gaining relative strength quickly. [View all] banned from Kos Dec 2011 OP

What will Glen Beck do? Cigar11 Dec 2011 #1

Laugh all the way to the bank. Capitalocracy Dec 2011 #12

Since when does gold follow the markets? Juneboarder Dec 2011 #2

And you are correct. BeHereNow Dec 2011 #3

Oye, not this crap again. TheWraith Dec 2011 #29

How much have you transferred to PMs? And when? BeHereNow Dec 2011 #31

Gold never has followed the big indexes closely. Its getting hammered now due to dollar strength. banned from Kos Dec 2011 #4

WHAT dollar strength- please, elaborate. BeHereNow Dec 2011 #5

This means more recession earthside Dec 2011 #6

Keep stacking. BeHereNow Dec 2011 #11

You are a goldbug Doom and Gloomer banned from Kos Dec 2011 #14

And your transfer of dollar assets to PMs is what exactly at this point? BeHereNow Dec 2011 #15

Crickets... BeHereNow Dec 2011 #16

just went out. Yes, you said $ strength was "delusional" but the banned from Kos Dec 2011 #19

Tee-Hee, NO WAY am I going to sell. BeHereNow Dec 2011 #20

So we disagree about the future. I say solid growth and you say meltdown. banned from Kos Dec 2011 #22

I hope you are not holding your breath based on these sources... BeHereNow Dec 2011 #21

DXY (not DWX), its the Dollar Index. banned from Kos Dec 2011 #23

relative to the Euro. DCBob Dec 2011 #7

Gold is more a hedge against the dollar rather than against the markets. DCBob Dec 2011 #8

LOL!!!!!!! n/t BeHereNow Dec 2011 #9

what's so funny?? DCBob Dec 2011 #10

Your complete disconnect from the fact that we live in a GLOBAL economy. BeHereNow Dec 2011 #13

BHN, Don't Waste Your Time Arguing Yavin4 Dec 2011 #17

And that is NO accident- (buying opportunity, that is...) BeHereNow Dec 2011 #18

The COMEX May Not Make It Past June 2012 Yavin4 Dec 2011 #27

and you think gold is going to save your ass if that happens?? DCBob Dec 2011 #26

The Global Economy Is Heading Back to the Gold Standard Yavin4 Dec 2011 #28

If things get that bad even a pile a gold wont do you any good.. DCBob Dec 2011 #30

I have a question about metals coinage. Dover Dec 2011 #24

If the intrinsic value of a dollar is .32c or .03c (paper) why does it matter? banned from Kos Dec 2011 #25