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Gold/Mining/Energy : Gold Price Monitor
GDXJ 142.09+5.5%Jan 22 4:00 PM EST

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To: Rarebird who wrote (75283)8/19/2001 11:32:28 AM
From: Ahda   of 116902
 
To:craig crawford who wrote (694)
From: craig crawford Saturday, Aug 18, 2001 6:08 PM
View Replies (1) | Respond to of 705

Editorial comment: Decline in the dollar
Published: August 17 2001 19:24GMT | Last Updated: August 17 2001 19:26GMT
news.ft.com.

Continental Europe's primary concern would be if the fall in value of dollar-based assets had an important effect on confidence. Europe, after all, accounts for nearly two-thirds of total foreign private holdings of US stocks and bonds.

It is perception RB and that is the frightening part of all of this. It doesn't take a genius to figure out that by lowering head count you are attempting to adjust for reduced revenue in your future projections.
On the other hand you have the FED trying to create growth which had the bubble been valid would of happened naturally.

The symptoms of a mature economy.
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