Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PaulM who wrote (25010)	12/28/1998 10:56:00 PM
From: Hawkmoon	Read Replies (3) of 116764

Interesting thought.... But if the Euro becomes stronger vis-a-vis the Dollar, wouldn't the result be greater capacity for US companies to export and compete with European firms due to favorable currency exchange rates? The resulting tension would likely trash the European stock markets and economic growth, while making US industry more competitive against their manufacturers. I recognize that there would be an initial bonus due to any strength in the Euro, but I wager given Europe's inherent anti-corporate climate, it would be short-lived. As a side result, Asian economies would suffer from a lower dollar as it negates the current trade surplus they have. And European goods would face more competition from Asian goods. But knowing the Europeans, they would call for tariffs and wind up leading us all to a trade war. It is quite a delicate balancing act that is being played out here, that's the only thing that is quite clear in all of this analysis. Regards, Ron

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next