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To: Night Trader who wrote (239706)	5/8/2003 5:35:06 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 436258

MK, That's why I have more money in foreign bonds than in gold. Gold usually does well during a dollar debacle. Stronger currencies ALWAYS do well. Kurt Richebacher points out that most Americans believe that the currency movements are related to GDP while the main component is the current account. True, that may show some improvement as import prices surge, but there is no way we stop importing some things, such as oil and nearly all of our manufactured goods.