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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: AK2004 who wrote (495175)	11/18/2003 10:09:12 PM
From: Bob Mohebbi	Read Replies (1) \| Respond to of 769670

Currency! That is THE IMPLICATION! And that means DOLLAR IS DEAD! If one values gold in todays's US dollar it is worth over 3500 US DOLLARS. What is sad you people do not even know your currency and and your monitory systems but you give yourself the right to talk about politics. I laugh at you CLOWNS!

To: AK2004 who wrote (495175)	11/19/2003 12:19:56 AM
From: Rick McDougall	Read Replies (1) \| Respond to of 769670

Gold had/has been demonitized by the major banks of the world since 1980 and hence the $US was seen as the currency of safe haven......strong economy being major factor. Now world sees US policy as being unstable and economy going downhill & countries are pulling their money out of US. Euro is showing surprising (?) strength. ME countries now buy oil in Euros instead of $US. Lower $ will solve some of US trade deficit problems. The biggest problem is ahead in that chinese yuan will maintain status quo vs the $US......jobs will continue to be exported to the far east. Bushies trying to pressure the Chinese, however Confucious is not that easily tricked:o)