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Reply #9: Be careful, gold prices toppled this morning [View All]

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illflem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-04 12:15 PM
Response to Reply #4
9. Be careful, gold prices toppled this morning
What generally happens when one currency becomes stronger than another is the strong currency country will devaluate their currency in order to keep export prices to the weak currency country from becoming prohibitively expensive.
I wouldn't count on the dollar falling too much more, you would be buying Euros near the peak if you did so right now.
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  -How can I convert American Dollars to Euros? trailrunners  Dec-08-04 11:51 AM   #0 
  - Airport currency exchange?  MercutioATC   Dec-08-04 11:52 AM   #1 
  - Buy Euro denominated bonds  Sgent   Dec-08-04 11:58 AM   #5 
  - Those are ripoffs  JVS   Dec-08-04 12:15 PM   #8 
  - I'm guess...  LuCifer   Dec-08-04 11:53 AM   #2 
  - tear the dollars in half, then take them to the bank and deposit them  sui generis   Dec-08-04 11:54 AM   #3 
  - There was recently a ton posted here on this topic, just  kostya   Dec-08-04 11:57 AM   #4 
  - Be careful, gold prices toppled this morning  illflem   Dec-08-04 12:15 PM   #9 
  - I'm wondering  sushi   Dec-08-04 12:10 PM   #6 
  - We have many finance questions/euros'vs dollars  cyclezealot   Dec-08-04 12:14 PM   #7 
     - See your banker...  Sgent   Dec-08-04 12:18 PM   #10 
 

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