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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Gord Bolton who wrote (49672)	2/26/2000 6:39:00 PM
From: Rarebird	Respond to of 116790

<A decline in the U.S. stock markets will lead to a decline in the U.S. Dollar IMHO because the demand for the U.S. dollar has largely been to use the U.S. dollars to invest in the U.S. stock market.> That is the typical gold bug interpretation. I hope you are right. To your credit, in contrast to most people, you question your premises: <And the U.S. economy and stock market was deliberately overheated to offset currency crisis and economic problems elsewhere in recent years. The question is; Will this become a permanent and self perpetuating state of affairs or will the rest of the world ever benefit and enjoy economic growth independant of U.S dollar investments.> That is the question, isn't it? Nothing is ever permanent, except for death, perhaps; and Cryonicism is looking to overcome that too. But at this point in time I would answer your question by saying no. Japan is not strong enough yet to take the lead. Perhaps some day China will emerge. The rest of the World is very dependent on the US Market. If the US Market enters a severe bear market, the rest of the world will likely follow suit. In a Global Equity Bear Market, the US Dollar may still remain the currency of choice; for economic conditions may be far less worse in the US.