Andy Hall wrote:



Not true Andy. Dollar is in for a turbulent time.


It was somewhat tongue in cheek.


Just got an e-mail frm (very rich) friend of mine in California "we are
trying to make sure Bush never gets re-elected, if he does we are off to
Canada"


I know a number of people in California with the same view. Is your
friend a Democrat as a matter of interest?



I have no idea. She is a very very old ex girfriend. Her friends used to
refer to her as a Rich Bitch then, last time I saw her she admited to
'still having the odd million or two stashed away'.





Clinton left a whole pile of **** by way of an overblown boom, and GW
and teh boys are tryng desperately to not let it all go bust, BUT a lot
of dirt (Enron, Worldcom et al, plus huge borrowings for the war, plus
tax cuts etc) has been swepot under the carpet: If someone were to
actually go down now, and the whole crony ridden frauduklent nature of
what half of wall street has been up to for the last ten years coudl not
be kept secret anymore, the whle thing COULD come down like a pack of cards.


Mmmm I do know what you mean. There has been more than a little nest
feathering going on, and the line of legality a little blurred.

Certainly the whole issue of corporate governance has ridden high on
the agenda.


And been quietkly removed from it by Bush, who is too close to maost of
em. They are who put him in power. Clinton as getting too close..






Then the money flow out of the dollar into the euro - and the pound -
would be stupendous.

Its perhaps not a foregone conclsuion, but it's more than a slender
possibility.

Ter are signs that its happening in a slow controlled way anyway.



Depending on where you sit, having a weaker dollar is arguably
beneficial.




Market headlines today 'gold price surges as dollar falls heavily
against euro and sterling'




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.andy

To email, substitute .nospam with .gl



.andy

To email, substitute .nospam with .gl