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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Tommaso who wrote (21765)4/20/2003 7:19:15 PM
From: Bearcatbob  Read Replies (2) of 206151
 
Tomaso - are you for real?

1.The US is doing nothing to prevent inflation.

There is no inflation so nothing needs to be done!

2. The US dollar is hugely overvalued and the trade imbalance is disastrous and increasing.

Perhaps overvalued - but then you are saying the whole world is wrong. Would you rather hold the currency or the impotent Europeans or the bankrupt Japanese?

3. If the Candadian dollar rises to par with the US dollar, Canadians will pay what they already pay for energy; US buyers will have to pay 50% more to buy that Canadian energy.

If the C$ raises to parity the industrial base of Canada will be destroyed. They have used a falling dollar to compensate for their socialist state.

Things are the way they are for a good reason. The C$ was once strong - then along came a guy named Truedaeu (sp?) - they still have the liberal disease.
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