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Bullboard - Stock Discussion Forum iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year Laddered Government Bond Index the Index, net of expenses. The Fund uses an indexing strategy to achieve its investment objective. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through... see more

TSX:CLG - Post Discussion

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Post by PGMBOY on Jun 14, 2005 3:25pm

GOLD vs FIAT CURRENCIES

Gold’s relative strength suggests a new paradigm at work in the financial markets. With its recent return to respectability, one can almost anticipate that management of the gold price will become an even more integral component in the official sector’s expectations management game, particularly with so many fissures now appearing in the paper currency world. But like Banquo’s ghost in Macbeth, gold appears set to make continued unwanted appearances, haunting policy makers as it relentlessly rises against each of today’s fiat currencies.
Comment by PGMBOY on Jun 14, 2005 11:41pm
Dow Theory Letters “With gold breaking out in terms of the weakening euro, there's now an incentive for Europeans to buy gold. Friday, for the first time in months, gold rose sharply in the face of a stronger dollar. Today again, with a stronger dollar, we're seeing gold rise. The indication here is that gold is beginning to be accepted as an alternative currency. After all, what are ...more  
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