| That's not encouraging news for our exporters trying to sell into the US or other dollar denominated areas. |
| If an investor doesn't believe that US deficits are sustainable, then they may well opt for a gold hedge or euro denominated assets. |
| It was already mentioned that the convertibility law sanctioned the validity of monetary contracts denominated in any currency. |
| In the final column is a recommendation on whether investors denominated in a particular national money should be buying Gold. |
| Foreigners will be less willing to own securities denominated in that currency if the risk of default is great. |
| Their real estate loans, however, were denominated in US Federal Reserve notes. |
