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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 445.60-10.1%Jan 30 4:00 PM EST

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To: Peter Dierks who wrote (2948)3/2/2006 5:22:22 PM
From: Andrew  Read Replies (1) of 29622
 
I agree with you long term on the currency issues but it takes events usually to change trends such as these. Till we have an event that changes the perception of the $USD in relation to other currencies I see no reason to go against it.

Long term I do not see the Euro as a good alternative to the $USD and if Iran wants to make the mistake of taking Euros for its Oil then so be it. Well see how far it gets them in 5 to 10 years.
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