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


To: lorne who wrote (66527)3/26/2001 11:28:06 AM
From: Rarebird  Read Replies (1) | Respond to of 116764
 
<I have wondered how it would appear to world markets if in addition to the US markets & economy in a huge slump that the US$ is also failing. I kind of think that at this time that the one thing that must not fail is the US$ and perhaps this could be the reason for strong dollar policy?>

In the realm of life and finance you cannot always get what you want.... The US Dollar and Gold don't get along very well with each other. To think that the Bush Administration would go against the status quo in this regard is the epitome of naivete. The Dollar will suffer the same fate as the NAZ, S@P and Dow and NOT survive this Bear. It will be the last to break. But break down it will. Confidence is the key.