Quote:
Originally Posted by orion::S14
Wait, the USD is now, and will forever will be THE standard???
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I can't tell if this is a statement, sarcastic statement, or a question...
I trade stocks a little bit but am far from a whiz. One big difference from the great depression and today's markets is globalization. It has increased substantially since the times of the past recession. We do have the capabilities to rely on our own continent but must change adapt to that environment. Hopefully the EURO issue's settle and allow for some stability.
It is true though the economy relies on money flowing and people hurt it when they pull out cash and buy gold. But it does do pretty well for us Canucks so feel free to keep buying the precious metals
