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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (25417)	6/26/2001 6:37:56 PM
From: Sergio H	Read Replies (1) of 29382

Ken, gold rally is natural, as everyone expects some kind of rate drop. Bond market is pricing in a rate drop of 3/8 of a point, smack in the middle of 1/4 and 1/2. I think it would be a historic first and appears to be a Solomon like decision in the making. We're going to need a lower dollar, but look for that problem to be tackled only if we steer clear of recession and the Euro zone is successful in establishing the Euro as legal tender. Sergio

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