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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Crimson Ghost who wrote (77932)11/5/2000 7:16:28 PM
From: dfloydr  Read Replies (1) of 95453
 
George,

a point to remember: When we send dollars overseas we get goods in exchange. If we stop sending all those dollars over seas in exchange for all those goods ... we will be the poorer for the lack of those goods ... and a lot of foreign economies will suffer a steep decline in business.

Under those circumstances, I wonder whether the dollar really will go down alone, or whether it will become a race to the bottom amongst currencies.
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