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To: Sawdusty who wrote (19243)11/9/2004 7:07:29 PM
From: Bearcatbob  Read Replies (4) | Respond to of 312498
 
I have maintained consistently that the Euro cannot go to $1.50 without a devastating impact on the economy of Europe.

The article referenced is hilarious to me. If we think back earlier this year the Eurozone or whatever, required deficits of I believe less than 3%. I believe both Germany and France have exceeded that.

They are sick economies. The French today shot into a crowd. They are below contemptable.

The dollar valuation and gold will be so interesting going forward.

If you ask me - I again agree with Don Coxe - the C$ maybe about the best currency around. There is a small population and a huge natural resource base. If it were not for socialism Canada would be really soaring!

Bob