[coconutt2000]

Yes... The Democrats are that scary... :-( /sarc

[the invisib1e hand]

I think you are both correct. Democrats scare holders of $ denominated assets. Trade deficit reductions are also inevitable.

I am reminded too of the idea that a declining dollar also forces the Chinese to loosen their peg.

The press will make a big deal out of the decline. The intellectuals will swear it's doomsday. The goldbugs will be out in swarms.

Mean time, cool hands are at the tiller, even when the seas are rough.

Amen.