Comments on: Why gold is falling and when it’s expected to climb again http://www.mypennysense.com/why-gold-falls-and-when-it-will-rise It's all about the penny and cents Sat, 12 Nov 2011 09:00:56 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: edzillion http://www.mypennysense.com/why-gold-falls-and-when-it-will-rise/comment-page-1/#comment-54 edzillion Tue, 28 Oct 2008 10:30:32 +0000 http://www.mypennysense.com/?p=110#comment-54 I agree with everything you say. I wonder whether trading houses are really stocking up on dollars, or whether it is a continual short squeeze of corporations that have previously borrowed in dollars. One thing though: 'Many analysts believe that over time, the US dollar will eventually face devaluation.' I am somewhat confused about this, AFAIK when a currency is devalued it is generall done against a larger (and major trading partner's) currency. In this case it wont be a case of official devaluation, but more that the dollar will continue its slide against all major currencies once this deflationary selloff period of the crisis is finished. You should have a look at <a href="http://blog.goldassets.co.uk" rel="nofollow">The Gold Blog</a> - we do a daily market update that covers the gold silver and precious metals markets here: <a href="http://blog.goldassets.co.uk/category/market_update" rel="nofollow">http://blog.goldassets.co.uk/category/market_update</a> Cheers Ed I agree with everything you say. I wonder whether trading houses are really stocking up on dollars, or whether it is a continual short squeeze of corporations that have previously borrowed in dollars.

One thing though:

‘Many analysts believe that over time, the US dollar will eventually face devaluation.’

I am somewhat confused about this, AFAIK when a currency is devalued it is generall done against a larger (and major trading partner’s) currency. In this case it wont be a case of official devaluation, but more that the dollar will continue its slide against all major currencies once this deflationary selloff period of the crisis is finished.

You should have a look at The Gold Blog – we do a daily market update that covers the gold silver and precious metals markets here:

http://blog.goldassets.co.uk/category/market_update

Cheers
Ed

]]> By: Penny http://www.mypennysense.com/why-gold-falls-and-when-it-will-rise/comment-page-1/#comment-40 Penny Thu, 23 Oct 2008 14:27:56 +0000 http://www.mypennysense.com/?p=110#comment-40 PandanKia, you don't have to agree with my view. It also does not warrant such rude language and it is absolutely not welcomed. This is the second time you are behaving so rudely. Any future comments from you will be deleted. PandanKia, you don’t have to agree with my view. It also does not warrant such rude language and it is absolutely not welcomed. This is the second time you are behaving so rudely. Any future comments from you will be deleted.

]]> By: PandanKia http://www.mypennysense.com/why-gold-falls-and-when-it-will-rise/comment-page-1/#comment-38 PandanKia Thu, 23 Oct 2008 10:34:52 +0000 http://www.mypennysense.com/?p=110#comment-38 over time, eventually, and when it happens? you are talking kok! over time, eventually, and when it happens, jesus gonna come and rescue mankind! kakakak! over time, eventually, and when it happens?
you are talking kok!
over time, eventually, and when it happens, jesus gonna come and rescue mankind!

kakakak!

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