Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.10

-3.1%

2:53 PM EST

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To: Wyätt Gwyön who wrote (116857)	4/18/2002 4:34:29 PM
From: Jim Willie CB	Read Replies (1) of 152472

USdollar decline has begun, topped in Jan02 USdollar futures contract chart: stockcharts.com[h,a]daclyyay[dc][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G the slide in the buck is versus most currencies except perhaps the socialist Canadian$ another excellent comparative look: gold-eagle.com comments on dollar versus gold by Colandra: marketwatch.com my personal view is the USdollar is weighed down by a few factors: - simple swamp of huge world supply - gaping US trade deficit now at 4% of GDP - Fed interest rate hikes later this year - drumbeat of trade tariffs - the War on Terrorism not going very well (i.e. MidEast) - alternatives with other reserve currencies (Euro) it is technically inconsistent, inappropriate, and fleeting for a debt-denominated instrument to serve as a STORE OF VALUE implications will cut worldwide, starting with the USstock market and USTBond market, and culminating with gold & silver / jim

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