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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: set who wrote (20728)6/19/1998 4:47:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 94695
 
The problem is when these two governments fight it out with the markets, they detract from the desirability of the USD as the worlds medium of wealth storage. As that continues to progress, the excess dollars that have been being printed for the last several years could come crashing back.. Chances are that the Euro will then replace the dollar as the main storage medium .. That leaves both Japan and the US behind the eight ball.

Gersh


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