The Great Depression

  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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« Dollar and Gold Advance | Main | Stocks ram Higher »

February 27, 2013

Comments

chris

I have been on the same page as the other dollar proponent you mentioned - as the pattern (to my eyes) indicates it has been basing for the past 4-5 yrs. A secular low has been put in and the train is leaving the station now.

My thesis behind the technical indication is that capital will flow into the dollar from euro/yen/pound. Not sure what the ultimate impact will be on us dollar priced commodities, but leaning towards more down, unfortunately, for gold bulls. Ultimately gold will catch a bid when the attention becomes focused back on the US.

Farley Inglis

"unfortunately, for gold bulls" ???

The-WHEN? ... $GOLD/$SILVER have finally bottomed AND the way these markets trade:

Folks MAY wake up one morning to a 5+% Precious-Metals GAP to the Upside ... (especially the beat-to-a-pulp miners).

Just an Observation/Opinion.


Gold Historical Prices

Currently what we need is oil and coal to fuel our existing plants. Eventhough gold is used extensively in electronic and medical industry. Does it really make sense for us to favor environmental damage which results from mining gold whose demand stems from greed over mining materials which are currently essential for electricity and fuel.

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