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To: MeneMeneTekelUpharsin

It is interesting the way people analyze markets on only one side. I agree that if the US dollar continues to get stronger, that’s bad news for gold.

However, it would be bad news for stocks as well. All these multi-nationals will be less able to export as much due to how expensive a strong US dollar would make their goods, and whenever they translate their profits from their operations overseas, they will translate into fewer US dollars thanks to the strong US dollar...hence lower earnings!

So, again, if the US dollar continues its strength, it’s bad for gold, but also bad for the US stock market.


46 posted on 09/22/2014 10:06:13 PM PDT by winner3000
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To: winner3000

However, it would be bad news for stocks as well.
...............
but foreign money will just pour into US assets including stock because the rising dollar


50 posted on 09/22/2014 10:45:23 PM PDT by ckilmer (q)
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