State of gold

benjamen

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Strong dollar makes for cheap gold, but long term super low interest rate bonds makes gold attractive:
http://www.cnbc.com/id/102453322?__...adline|headline|story&par=yahoo&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.

:popcorn:
 

ancona

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

11C1P

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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

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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

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...

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.

:)
 
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