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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
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To: goldsheet who wrote (58157)9/14/2000 12:54:05 PM
From: long-gone  Read Replies (2) of 116762
 
Foreign Economic Growth and the Dollar
by Owen F. Humpage
September 1, 2000

Analysts caution that rapid foreign economic growth could induce a
depreciation of the dollar, as international investors diversify their
portfolios for higher returns abroad. Although we cannot establish a
simple relationship between foreign growth and the dollar, we can
conclude that if a desire to diversify out of dollars lies dormant
among investors, faster growth abroad may stir it.

Take a look:
clev.frb.org
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