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Gold/Mining/Energy : Gold Price Monitor

GDXJ 120.19

-1.4%

Jan 7 4:00 PM EST

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To: T-Lo Greens who wrote (94549)	4/15/2003 1:40:31 PM
From: Real Man	of 116844

Tony, not sure how this works. I mean, "strong dollar policy". More tax cuts, larger budget and trade deficits, and lower interest rates sound like the opposite to a strong dollar to me. But then again, the US has been running deficits for 30 years. I was always curious how they make the dollar rally happen (aka "strong dollar policy"), when all these factors would be extremely negative for any other currency. Possibly, there is something I don't know of that makes it happen, some magic wand - running deficits for 30 years without currency depreciation seems weird.

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