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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
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To: Hawkmoon who wrote (53056)5/21/2000 6:57:00 PM
From: LLCF  Read Replies (1) of 116764
 
<The Euro is being bashed because there is a general lack of confidence that European political and economic policy will permit that region to properly restructure into something that creates the potential for attractive returns for investors.>

You mean like the African currencies.

<Since the stocks appeared overvalued there relative to performance, the weakening of the Euro is moving to create a risk premium.>

So investors took the stocks up, but said, Oh, I didn't really want those, but rather than sell them, I'll sell the Euro?

DAK
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