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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (56028)10/30/2001 1:43:07 PM
From: stan_hughes  Read Replies (1) | Respond to of 94695
 
A falling currency, with simultaneously falling commodity prices expressed in that same falling currency - that might seem like a conundrum at first, but I don't believe there's any Newtonian law that prevents both from happening at the same time, or for the commodities to fall faster than a counterweighting receding dollar.

I suppose the superficial good news is that commodity prices perhaps wouldn't appear to be falling as fast as they otherwise might from a US dollar-based economic perspective. I suppose that in turn means that if we're going to have a global depression, better that you experience it from within the US than somewhere else. Talk about your Hobson's Choice.

Of course, all this gloomy stuff might not happen. Still too early in the game to tell IMO