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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: parker_meridian who wrote (52840)8/9/2001 9:47:43 AM
From: Vitalsigns  Read Replies (1) of 62348
 
NEW YORK, Aug 8 (Reuters) - Goldman Sachs Group Inc.(NYSE:GS - news), one of Wall Street's premier investment banks, said on Wednesday it filed documents to
sell 6.1 million shares of common stock currently owned by a Japanese bank.

DUBAI, Aug 8 (Reuters) - Saudi billionaire Prince Alwaleed bin Talal has sold his stakes in fast-food giant McDonald's Corp (NYSE:MCD - news), soft drinks company
Coca-Cola Co (NYSE:KO - news) and consumer products maker Gillette Co (NYSE:G - news), a spokesman said on Wednesday.


And these are only the reported headlines, I am positive there this is already snowballing .

Looks like foreigners are pulling there assets out of the US. Like I said before, if they pull there money out of the Us , the US dollar will fall, if is falls, the markets in the US are doomed to fall with it. No foreigner would want the double whammy of falling investments with falling dollar , he would get punished twice. This is now becoming self fulfilling as many many headlines are demanding a lower US dollar to help the economy.

Kiss any Rally potential good bye

Got GOLD? <gggg>
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