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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (138192)11/30/2008 9:43:29 PM
From: tyc:>  Respond to of 313013
 
>>the USD has to decline for the sake of a global economic recovery

TSL would you please explain ? I was looking at the continuation of US$ strength as the underpinning of the recovery of Canadian mining. e.g. The Canadian price of gold is well over C$1,000 per oz, because of the strength of the US$ vis-a-vis the C$.

When the US$ was cheap, Europe complained of the cometitive advantage it gave to US