Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: stockman_scott who wrote (797)	6/28/2002 11:21:27 AM
From: Jim Willie CB	of 89467

quick answer of my own question on gold non-response the European continent now is facing the opposite of what the US economy is facing their euro currency is rising imported US products are coming down in price they have disinflation, if not deflation prices will be coming down they wont hedge with gold in such cases Europeans also are seeing asian currencies rise just about evenly as the euro the yen and euro have each risen about 12-15% versus dollar in recent months the euro/yen ratio is steady so perhaps not until price pressures rise in the US from imports will gold see significant pressure coming this autumn or winter / jim

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