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Gold/Mining/Energy : Non Politically Correct Gold and Resource Stock Discussion G -- Ignore unavailable to you. Want to Upgrade?

To: TrueScouse who wrote (12)	2/20/2005 10:43:06 PM
From: jrhana	Read Replies (1) \| Respond to of 180

Nice post to which I would say ditto to every word. I would just add that the future of the USA is indeed bright irrespective of currency fluctuations. Bright because we are the most innovative group of people in the history of the world. Incidentally I consider myself a true liberal because I believe the worth of a man has nothing to do with the size of his wallet.

To: TrueScouse who wrote (12)	2/21/2005 7:23:12 AM
From: Bearcatbob	Respond to of 180

"So why shouldn't the US$ index fall from its current value of 83 to 60 say? e.g. a further decline of 28% from here? This would be quite a normal fluctuation by historical standards and would not signal the end of the US of A as we know it!" I totally agree. That would be within the range of easy adjustments engineered by free markets. I feel this is exactly what Don Coxe is looking for. As an example of the impact of such I think back to when my wife and I first got married and on one of our vacations the C$ was greater than $1.00 US. It feel over time to less than $.65. As a result adjustments were made and the C$ and economy of Canada are in fine shape. There was no collapse - just market enduced changes. Bob