[Dec31,1999]

Discussion about the Eoro should be more prominent on this thread. The Euro is the newfangled and apparently successful competitor to the Dollar, which is an indication of the rising power of the EU, or more specifically Germany.

The Euro cannot be ignored in discussions about currency.

[arthurus]

The Euro is the newfangled and apparently successful competitor to the Dollar

The Euro is outcompeting the dollar bedcause the dollar is in the midst of a serious inflation that began in the Fall of 2000. When the US trashes its currency by pushing too much liquidity into the system that currency falls in value relative to another currency whose government is not engaging so heavily in inflation. The Euro is not "improving" due to any inherent trait of its own. Its producing government has not yet grabbed the tiger's tail.

[disclaimer]

Discussion about the Eoro should be more prominent on this thread. The Euro is the newfangled and apparently successful competitor to the Dollar, which is an indication of the rising power of the EU, or more specifically Germany.

The Euro cannot be ignored in discussions about currency.

Agreed. I think people look at investments as "buy and hold" as worked during the bull run of the stock market. Gold is a very good fall-back investment while government fiat currency is in flux, but not one to just brainlessly “buy and hold”.

Folks are leaning, or will learn, that stocks aren’t a good investment for brainless buy and hold strategies either. Most folks are not aware that stocks have limited growth (capital gains) cycles that can last in the range of 15 years.