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Strategies & Market Trends : Ride the Tiger with CD

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To: Cogito Ergo Sum who wrote (168019)	7/6/2009 2:11:03 PM
From: tyc:>	Read Replies (2) of 312983

>>Gold big hope is USD collapse like Argentina Certainly if the USD collapses "like Argentina" the US$ price of gold will go up, but won't the US$ price of the Canadian dollar go up likewise ? (The C$ price of gold remaining unchanged ) Do you know what happened to Argentina stocks when its currency collapsed ? (I was reading how the EMBI index lost value in the Argentina currency collapse, but google says the EMBI index is an emerging markets debt index). Did Argentina stocks maintain their value in terms of other currencies? Did their Argentina price go up just like the Argentina price of gold did ?

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