Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: westpacific who wrote (62810)	5/7/2002 11:15:19 AM
From: t2	Read Replies (1) of 99280

US$ strong today, yet Gold price is higher. Golds stocks are mixed. Something does not make sense here. One of these should sell off. My bet is that the dollar tanks after the FED meeting (and the Naz should do the same). US$ index strength is nothing more than a bounce after getting whacked so much. On the other hand, Gold should keep rising as an alternate currency. The Japanese and other Asian countries are weaker currencies. YEN was talked down by the Japan government last night. Therefore, some currency has to rise and my bet is that it will continue to be the GOLD currency against all others.

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