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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: Jim Willie CB who wrote (4532)	5/25/2003 10:53:19 PM
From: Little Joe	Read Replies (1) of 5423

Jim: O.K. here it is visit this site scaruffi.com Do the math and you will find that the US GNP is $10,533 billion dollars. Wow that is a fantastic figure. I can't even imagine that much. But the point is the rest of the world economies total 19,947 billions. So the US is 1/3 of the world's GNP. This is a lot, but the notion that US dollars cannot be converted on the currency markets and invested in the rest of the world has not been explained away. After all you are talking about a few hundred billion dollars in a world economy of over 30,000 billion dollars. Viewed in this context, I don't think you assumptions are valid. Although I do agree on the price of gold. I am not sure you have explained the reason the dollar remained so strong so long. Little joe

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