50 years of suppressing silver (and gold), page-47

Skol, you said ;
"Goldbugs have been announcing the demise of the USD for years, but in fact the opposite's happened and its strengthened against most other currencies as people search for shelter."

Except for gold of course. But then again, it isn't a currency, is it? On and on it marches, relentlessly upward, about 10-15% a year against all major currencies for the past 10 years - roughly the same rate of M3.

You are right though, sell into strength is the way to go. Which means - if you had any gold - you would be beginning a sell program having accumulated it when it was around $250. I'm guessing you don't have any, so I guess you're focusing your attention somewhere else. In which case, why are you on this thread? I'd like to hear your views on alternative investment themes.

As for the USD strengthening against other currencies - who cares? The USD is the tallest midget, why bother measuring it this way?