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Message: Death of the dollar.. Part 459879

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trainboy

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Re: Death of the dollar.. Part 459879

in response to Re: Death of the dollar.. Part 459879 by KingJames

posted on Jun 30, 09 11:17AM

Don't be too quick to wish the decline of the US dollar with out a proviso that the Canadian dollar isn't riding on the greenbacks coattails. We have to hope that the Canadian government or central bank does not try and maintain a lower Canadian dollar with respect to the US dollar. If that happens, we will also lose our buying power and increases in the price of gold will only mitigate that.

Come on lower US dollar, higher Canadian dollar and higher gold prices.

Trainboy

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