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Strategies & Market Trends : Ride the Tiger with CD

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To: Rocket Red who wrote (122646)7/9/2008 10:15:39 PM
From: philv  Read Replies (1) of 313809
 
If the US dollar goes to zero, does that mean that gold and everything measured in US dollars goes to zero?

A definite NO. Long before that dollar goes to zero, a different measurement will be established. But in the unlikely event that happens, everything will be priced high on the way down. So Gold could hit any figure you can imagine in this imaginary exercise.

JMHO.
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