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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01
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To: SilasSan who wrote (12399)6/9/2003 12:29:07 PM
From: Bucky Katt  Read Replies (1) of 13094
 
You hit on an interesting point, and that is what happens if the US dollar is no longer viewed as the "official" world reserve currency.
The Euro would seem to be the logical choice, and this could dovetail in a valuation drop of US real estate, which we are discussing here>http://www.siliconinvestor.com/readmsg.aspx?msgid=19015079

As you say, if even a small amount of overseas held US dollars are redeemed, it could be big trouble.

Of course, none of this may happen, but everyone should at least think of possible outcomes..
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