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Re: daiello post# 16695

Thursday, 11/01/2007 9:11:27 PM

Thursday, November 01, 2007 9:11:27 PM

Post# of 42555
oil prices continueing to rise, gold rising, dollar declining

That's not three things, it's one thing. Oil and gold are priced in dollars. So when the dollar falls, oil and gold rise BY DEFINITION.

So the only thing that's happening is that the dollar is falling. That's not such a bad thing. Our trade deficit is the highest by far among the major industrialized countries, and a lower dollar will help to fix that.

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