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To: Bobby Yellin who wrote (37466)7/21/1999 6:28:00 PM
From: Jim S  Read Replies (2) | Respond to of 116770
 
Like I said, MD, I don't know enough about this to really even ask smart sounding questions. Maybe you can help me out -- what does the trade deficit mean, and what do most people think it means?

Thanks,

jim



To: Bobby Yellin who wrote (37466)7/21/1999 6:55:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 116770
 
<<I am looking for what might cause the mighty dollar to fall..which should lead to a rally in gold..(famous last words)..>>

What about reserves of different countries. For example, right now China's most reserve, I don't remember exact percentage, somewhere around 80%+ is US$, and China will switch to more Gold and Euro, I don't know when, that means to sell US$, and will cause its falling.