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

To: The Vet who wrote (57728)	8/30/2000 9:43:05 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 116764

<tells us that the relative strength of the USD is not likely to continue and at some time either inflation will have to increase a lot in the other countries, become negative in the US or the USD will be significantly devalued in order for parity to be restored I would substitute "relative strength" with "current strength" of the USD. Otherwise, your statement is contradictory. What I believe is that the Yen is vastly overvalued relative to Japan's ability to grow their economy on a declining taxpayer base (aging population and no taste for importing foreign labor into their homogenous society), while at the same time servicing their growing national debt. This, combined with the deflation they have incurred due to lower demand and massive savings rate, indicates that they NEED inflation, or at least a weaker currency, in order to once again coerce savers into becoming consumers again. This would also provide some measure of domestic pricing power for their earnings starved, heavily indebted corporations. They certainly need a weaker currency in order to monetize their national debt. By the way it is far cheaper to live in most of Canada than it is in much of the US. And considering that "most of Canada" is pristine forest, glaciers, or tundra, I guess you may be correct. Doesn't cost much to cut some snowpack and build yourself an igloo... <VBG> But seriously, that has not been my experience with Canada. Especially with regard to gasoline. And many Canadian ex-pats living here usually grumble a lot about their high tax rates up there (as compared to the rates here??!!!). Look at all the canadian musicians and actors who have move here in order to retain more of their wealth. Now if it cost less to live in Canada, I would think that more and more people would be moving up there, wouldn't they? And there wouldn't be such an exodus of wealthy individuals/celebrities. Or maybe it's just the weather... <VBG> Regards,