State of gold

**benjamen** · 02-26-2015, 11:23 AM

Strong dollar makes for cheap gold, but long term super low interest rate bonds makes gold attractive:
http://www.cnbc.com/id/102453322?__s...&doc=102453322

Personally, I am loving the USD gaining strength. My earnings can now buy more gold and foreign stocks (check out dividend yields on companies such as BBL, GSK, and TD) each month! In a world of stupidly low bond rates, real estate, dividend stocks, and gold are great places to be.

ancona · 02-26-2015, 01:14 PM

Too bad this strong dollar is only because every other country has falling currency, and not because of fundamental strength.

11C1P · 02-26-2015, 01:30 PM

If the curtain ever got pulled back for the world to see what was really going on, I would say the dollar would collapse, but at this point, I agree that I don't know what other currency (besides PM's) people might run to as being safe and sound.

rblong2us · 02-26-2015, 04:28 PM

how about the Norwegian Krone ?

They have a great surplus from North Sea oil and do not seem to be on anybodys radar like the swiss or russians.

DoChenRollingBearing · 03-01-2015, 07:45 PM

...

Well, now (Sunday evening, US ET), gold is having a mini-spike (now at $1220). I just bought some more from Provident, and as long as I get it OK (Due in tomorrow), I'm OK with gold going up AFTER I buy it.

Up after I buy it? That's a change.

02-26-2015, 11:23 AM	#1
benjamen Super Moderator Join Date: Mar 2012 Location: Migratory Posts: 1,617 Liked: 683 times	State of gold Strong dollar makes for cheap gold, but long term super low interest rate bonds makes gold attractive: http://www.cnbc.com/id/102453322?__s...&doc=102453322 Personally, I am loving the USD gaining strength. My earnings can now buy more gold and foreign stocks (check out dividend yields on companies such as BBL, GSK, and TD) each month! In a world of stupidly low bond rates, real estate, dividend stocks, and gold are great places to be. __________________ I drive men mad For love of me, Easily beaten, Never free. PMBug 101 * Forum Rules**

02-26-2015, 01:14 PM	#2
ancona Yellow Jacket Join Date: Nov 2011 Location: Waaay south Posts: 3,370 Liked: 2046 times	Too bad this strong dollar is only because every other country has falling currency, and not because of fundamental strength. __________________ All things being equal, the simplest answer is quite often the correct answer - Occam

02-26-2015, 01:30 PM	#3
11C1P Ground Beetle Join Date: Aug 2013 Location: North Dakota Posts: 953 Liked: 498 times	If the curtain ever got pulled back for the world to see what was really going on, I would say the dollar would collapse, but at this point, I agree that I don't know what other currency (besides PM's) people might run to as being safe and sound. __________________ http://flic.kr/p/297hR6v

02-26-2015, 04:28 PM	#4
rblong2us Yellow Jacket Join Date: Nov 2011 Location: off world Posts: 1,945 Liked: 865 times	how about the Norwegian Krone ? They have a great surplus from North Sea oil and do not seem to be on anybodys radar like the swiss or russians. __________________ if it cant be done with a digger .... it cant be done

03-01-2015, 07:45 PM	#5
DoChenRollingBearing PM Bug Supporter Join Date: Oct 2011 Location: SE USA Posts: 1,275 Liked: 691 times	... Well, now (Sunday evening, US ET), gold is having a mini-spike (now at $1220). I just bought some more from Provident, and as long as I get it OK (Due in tomorrow), I'm OK with gold going up AFTER I buy it. Up after I buy it? That's a change. ancona likes this.

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