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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (65509)7/7/2006 7:16:15 PM
From: Gib Bogle  Read Replies (2) of 110194
 
"<50% drop in a year or two> We have already seen it happen in relation to commodities like oil and copper and gold"

But a 50% drop means a drop against a basket of other currencies, doesn't it? And haven't the prices of those commodities also increased in those other currencies? How does increasing commodity price drive the dollar down against other currencies? Am I missing something?
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