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 105.33

+5.2%

Nov 26 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elizabeth Andrews who wrote (34596)	5/28/1999 1:04:00 PM
From: Zardoz	Read Replies (3) of 116770

"Why doesn't somebody explain to me why the US$ is relatively strong with respect to all currencies and absolutely strong with many currencies when our country's current account deficit is at record levels? What is creating the demand?" Growth rate in the USA is pretty much the highest in the world. And with a higher growth rate, the GDP will out pace the trade deficit. Or if you prefer, the trade deficit can be held in abeyance until growth picks up in other countries. This is why I suspect Asia is not truly out of their problems. A pick up in seasonal commodities, doesn't mean that Asian/Europe production has increased noticeably. Still a bear on Asia here. Growth.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next