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TJ Parker

12/06/03 1:27 AM

#178209 RE: federal reserves #178199

fed reserves: is this just a public private message, or would u care to elaborate? i'd be interested in knowing why ....

danke.
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mlsoft

12/07/03 8:54 PM

#178434 RE: federal reserves #178199

"I would unload all gold stocks and bullion.

I unloaded.

Instead, buy a currency basket."
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federal reserves....

Hmm... I assume you are advocating going long a menage of currencies like the Pound, Yen, Swiss Frank, etc., thereby in effect shorting the $USD. I would agree with that sentiment in a general way, but trading currencies is not a game for amateurs like myself. I will stick with my gold stocks instead, as they have been very good to me so far and I see nothing on the horizon to make me think the party is over.

Just out of curiosity, if you think the $USD will continue to decline, why on earth would you not want to own gold and gold stocks which are a very good hedge against a weak dollar??

mlsoft