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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (32545)11/20/2004 12:48:24 PM
From: seventh_son  Read Replies (1) | Respond to of 39344
 
>> We said no, because by buying assets we're protecting ourselves...

I think that you are making a good case for foreigners to invest in a US mining or oil stock. If they're holding real estate, bonds, financial stocks, retail stocks, a dropping currency (forcing higher interest rates) would not only clobber them in US dollar terms but especially in foreign currency terms.