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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Kayaker who wrote (80840)3/3/2007 3:01:53 PM
From: Webster Groves  Read Replies (2) | Respond to of 206131
 
<Both currencies were down this week, as expected>

As expected ?

Why is the fiat dollar regarded as a haven whereas the commodity based Loonie is not ? When you say those other currencies were down, you are really saying the US dollar is up, and there is no defensible reason for that. Sure liquidity demands flight to cash, but the dollar survives on its historical legacy, not its true value.

wg