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To: SeeSharp

Check out gold, or other commodity prices. They are all up, while the $ is down. It’s the Fed, not speculators, who are trashing the value of our money.


13 posted on 05/18/2008 11:45:44 AM PDT by sobieski
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To: sobieski
Check out gold, or other commodity prices. They are all up, while the $ is down. It’s the Fed, not speculators, who are trashing the value of our money.

It's a little of both. Speculators (including the Fed) are short dollars and long commodities. I think it's only a matter of time before they think they've milked that one enough and the dollar goes up, commodities down. That's why a sold a good portion of my physical gold a couple of weeks ago.

I'm looking a floating rate funds now.

17 posted on 05/18/2008 12:10:32 PM PDT by seowulf
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