A deep thinker, Danielle Park, the author of "Juggling Dynamite," chats with anchor Bridgitte Anderson about her belief that we may be "revisiting the downturn, so look out!" Nothing may be safe, as she describes how gold may even be vulnerable and Canada isn't as well-positioned as it was in 2008 to take the hit that's coming. Wise investors concerned about the real direction of the economy will learn something here!
Interview shot at Cambridge House International's Vancouver Resource Investment Conference 2012 (http://cambridgehouse.com/).
At 5:23 Danielle Park states the the "US Dollar Index is 57% Euros". This is a loose statement by Danielle not stated well at all. The US Dollar Index is a measure of the value of the US dollar relative to a basket of foreign currencies. The dollar is compared to a weighted (57% weighted) value of the Euro. To say the "US Dollar Index is 57% Euros" is a very sloppy and misleading comment. Beyond that, I think Danielle is sharing an excellent summary of where the market is perched right now.
geglockn 1 month ago