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Gold/Mining/Energy : Non Politically Correct Gold and Resource Stock Discussion G

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To: TrueScouse who wrote (12)2/21/2005 7:23:12 AM
From: Bearcatbob   of 180
 
"So why shouldn't the US$ index fall from its current value of 83 to 60 say? e.g. a further decline of 28% from here? This would be quite a normal fluctuation by historical standards and would *not* signal the end of the US of A as we know it!"

I totally agree. That would be within the range of easy adjustments engineered by free markets. I feel this is exactly what Don Coxe is looking for.

As an example of the impact of such I think back to when my wife and I first got married and on one of our vacations the C$ was greater than $1.00 US. It feel over time to less than $.65. As a result adjustments were made and the C$ and economy of Canada are in fine shape. There was no collapse - just market enduced changes.

Bob
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