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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: regli who wrote (50695)	1/22/2006 12:02:38 AM
From: mishedlo	Respond to of 110194

You might want to listen to the question and answer session on the latest Don Coxe call. To paraphrase: He thinks that it won't make much of a difference by itself but if it starts a trend then it will remove the reserve currency status of the dollar as less dollars have to be kept on hand by multinationals and CBs. I personally agree with his conclusions as I have previously stated on a number of occasions. From the sound of It I agree already as it seems to be what I have been saying for months on end. Mish