About time. Wake up & smell of coffee.

atropos · 12-03-2004, 06:56 PM

On the gold question, you can go down to your local coin shop and buy American gold eagles for the gold spot market price plus a small buyer's fee (usually around $15.00, at least when I purchased them) per coin. I have also acquired some coins along with my stocks and as of today, I could resell the coins at a nice profit even including the original buyer's fees.

As for Bush's economic policies, the jury is still out. The US economy seems to be making a slow but steady recovery, and the housing market here in Cali is booming - especially when it comes to industrial and office properties. What people around here refer to as the "inland empire" region of California is making an especially good recovery.

I find it rather difficult to share Jaguar's gloomy outlook - mine is one of guarded optimism. But then I'm just a valley girl, so what would I know?

russotto · 12-03-2004, 07:12 PM

The USD's still in the tank, though. Might just be a trailing indicator, might even be deliberate policy (a weak dollar hurts imports, which is why the Japanese banks try to prop the dollar up) .

I suspect the Europeans will eventually do something monumentally stupid (no, George Bush does NOT have a monopoly) and put the Euro in the tank instead. There's not going to be a wholesale rush from the dollar any time soon.

12-03-2004, 06:56 PM	#1
atropos random twisted fate to the second power Join Date: Nov 2004 Location: California Posts: 16	On the gold question, you can go down to your local coin shop and buy American gold eagles for the gold spot market price plus a small buyer's fee (usually around $15.00, at least when I purchased them) per coin. I have also acquired some coins along with my stocks and as of today, I could resell the coins at a nice profit even including the original buyer's fees. As for Bush's economic policies, the jury is still out. The US economy seems to be making a slow but steady recovery, and the housing market here in Cali is booming - especially when it comes to industrial and office properties. What people around here refer to as the "inland empire" region of California is making an especially good recovery. I find it rather difficult to share Jaguar's gloomy outlook - mine is one of guarded optimism. But then I'm just a valley girl, so what would I know? __________________ "Don't argue with a fool. The spectators can't tell the difference." - Charles Nalin Last edited by atropos; 12-03-2004 at 09:09 PM.

12-03-2004, 07:12 PM	#2
russotto Professor Join Date: Jan 2001 Posts: 1,788	The USD's still in the tank, though. Might just be a trailing indicator, might even be deliberate policy (a weak dollar hurts imports, which is why the Japanese banks try to prop the dollar up) . I suspect the Europeans will eventually do something monumentally stupid (no, George Bush does NOT have a monopoly) and put the Euro in the tank instead. There's not going to be a wholesale rush from the dollar any time soon.

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