I hate to say this, but Ron is right. The US dollar is to highly valued based on the trade problems. Jim Rogers has said the same thing for 2 years. This goes back to what I said also, we can not simply sale to each other and the world and handle the information for the world! We need to be able to mine, farm, and manufacture(at a profit); so we can sell these items to the world.
We are becoming(have become?) nothing more than a service economy!
Look at what Ron & I had our problems about. I was worried that our NG would impose martial law. These guys are not the mighty warriors of days gone by, the will serve us, they are a cross section of our nation, and may have no other abilities than to serve and deliver - just like the rest of us.
With the help of our government, we may have lost the ability to manufacture, farm, mine, or even fight. Were it not for technology and the "limited action" the situation in Iraq might well not be the same.
Just look at our current economy: we are able to build overpriced homes, shopping centers, and buy/sell overpriced internet stocks.
What have we become? A nation of crisis intervention specialists,
mental therapists, prison keepers, gargbage people, sales people
and management.
There was a reason that for the last weeks the $ has been weaker, and it will be again unless something changes - and maybe it should be.
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