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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: stan_hughes who wrote (1374)	10/7/2007 4:07:22 PM
From: RJA_	Respond to of 71456

>>While it's fun to prognosticate with these things especially where politics is involved, in the current environment I can't even predict what should happen next week, let alone next year In the spirit of fun, then, here is another friends take on the same scenario -- If Hillary becomes president I don't expect any material change in the economy it is hard for the president to control the economy without control of congress. If we have a democratic president and congress changes could be made. Right now I see NO political will by ether party to cut government spending to bring the budget into balance so who wins in 2008 should not mater that much (given the people running) although it could lead to the democrats running amok just like the GOP did when they had the white house and congress. What I am watching out for in the election is the following: Will Hillary win the nomination? (First woman and all of that - not that I care) Will the GOP be able to make a good run for it if they are running against Hillary? (First woman and all of that) Who will win the primaries for the GOP? (Might be a window on the future direction of the GOP) How much support, money, press and votes will Ron Paul get? (Might be a window on the future direction of the GOP and if his support is VERY large might be a window on the future direction of the country) I see the election of a new president in 2008 as a backdrop activity and don't expect it to have over a 1% effect on the price of gold or the value of the dollar. A president and congress of the same party could likely have over a 1% effect but history would lead one to believe the effect would be a bad one.