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


To: LLCF who wrote (51023)4/2/2000 6:19:00 AM
From: GST  Read Replies (1) | Respond to of 116763
 
The dollar is NOT always this strong. Check the record. Do your remember the yen at 325? At 75? At 105, the dollar is not that strong - do you remember 150 in August 98? The current account deficit is a problem. Servicing it is much easier in a bull market for our financial assets. A decline in US financial asset prices can become a nasty reversal. There are alternatives -- shudder to think of it -- even gold.