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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (57466)	7/15/2007 10:57:05 AM
From: Rock_nj	Read Replies (1) of 57584

The US Dollar sinking should come as no surprise. The big surprise for a lot of Americans will be when the Canadian Dollar is at parity with the American Dollar. It's not very far off now, about a nickel from parity, and could be at parity later this year. Why is it not a surprise that the dollar is so week these days? I look at it as an indication that our economy/currency is overly debt laden and not supported by real hard assets like gold and oil. It makes me feel uneasy about where we are heading, like we are building an economy based on a house of cards that could collapse at any moment.

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