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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (2678)	12/24/2000 11:17:24 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 3536

That's a scenario that would almost make me run for the gold market, because it would be tantamount to economic protectionism through currency competition which could only lead to depression and eventual outright warfare. Hmmmm I don't think that is the scenario I was suggesting. I do not believe the situation would be THAT bad. The only possible war-type scenario would be originated by some extremist terrorist-type group. Even then, it would be a local event. While disruptive they would not have the necessary coordination to cause a world-wide catastrophic event as you seem to be entertaining. As for gold... I do not agree either. In this day and age, gold is too cumbersome to be what it used to be. The financial wizards will figure out a way to solve whatever pending crisis we may be facing. I choose to be more optimistic and do no see any Nostradamus-style catastrophe is awaiting us. Trust me on this one -g-