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As long as Americans don't grasp that they should protect their remaining wealth with gold YOU SHOULD BUY GOLD!

Than there will be no severe correction in gold stocks, if any!

smallfil, Do you see exports increase? I see the US trade deficit getting bigger and bigger instead; despite the declining $!

Now what's your point? A strong US economy & a VERY weak currency. Is that your rational? Is it that what you want? O.K. but than don't blame the oil producers if you can't pay your gas bill in the near future, my friend!

* US rates are much higher than Euro rates already; * higher US rates would bring nightmares to US politicians, stock investors and homeowners; * reducing liquidity would puncture the US stock market bubble immediately; So everybody knows that the US can't do anything to prevent a further...

The EURO doesn't agree on that!

maxpi, you may rest assured that i am no communist!

craneman, i fully agree. It isn't my intention to predict anything but I like to know how people react if confronted with the obvious. By the way, a good article on the subject is...

And every cab driver will tell you he is putting his money in the stock market.

jem, when was the $ at it's highest level? In 2001?? Or somewhere in the early 70's at 4 DM.

What's your problem?

I am astonished! The value of the US$ has declined rapidly over the last 4 years despite the daily super bullish stories of the politicians. Prices of anything you can think of are going up. People still don't question what's happening; in the contrary, they invest everything they have in an...

Didn't know Chinese would work for nothing!

You shouldn't! Study my arguments & study the longer term charts for gold and the $-index! Maybe you and your friend Pabst ultimately will start to grasp that something is wrong, seriously wrong!

Why you Chinese are willing to hold the bag?

Greenspan is responsible for the rapid decline of the purchasing power of the US$. He is stealing for what I have worked for in the past! Because the $ and gold are inversely related to each other I think it's O.K. to use gold as an indicator for the worthlessness of Mr. Easy Al Greenspan.

yea, but spend your $'s quickly because it won't take long and you have to pay twice as much "paper" for it.

Nobody else buying gold? And, why are Asians -and others- accumulating gold lately? Are you telling me that they don't know what they are doing?

Please tell me what the intrinsic value of the US$ is; if you have a printing press and enough paper you can create it indefinitely!

The average American thinks like you. So they are NOT buying gold. But gold is rising since May 2001 and in a true bull market. So, who is doing the buying you think?