KITCO - Gold discussion Message Board

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Gold/Mining/Energy : KITCO - Gold discussion

GLD 464.71

+1.5%

Jan 26 4:00 PM EST

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To: sea_urchin who wrote (155)	9/29/1998 2:27:00 AM
From: Zardoz	of 989

I have a concern with both the SDR & the US Dollar Index. And I think teevee may be on to the real reason as to the POG, SDR, US Dollar Index. All of which are greatly effected by one common currency. The MARK. Message 5862908 Side note: Beware of trends that appear to have changed. Small one-two weeks changes are natural for currencies. Often they appear to change, but soon fall back into the same trend. MOST of these effects occur when the currecny derivatives {those purchased OTC and within banks} expire at the end of the month. In two more days, most Japanese banks must produce their books, it may be in the best interest of the BOJ to influence the currencies, and hold artifical positions over the last week, and until Oct 1.

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