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Strategies & Market Trends : Asia Forum
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To: Little Joe who wrote (1285)1/20/1998 4:37:00 PM
From: Tommaso  Read Replies (1) of 9980
 
And of course if you look at the last three months it looks like an even more raging bull market in the dollar. Apparently there is both a demand for liquidity as well as a store of value. If the Federal Reserve continues expansion of the U.S. money supply at the present rate, it would seem to guarantee a bull market in gold and perhaps oil and some other commodities. It should take about two years before the price of services begins to inflate in the United States.

Everything is a moving target that is valued in terms of something else.
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