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Strategies & Market Trends : Strictly: Drilling II
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To: TheBusDriver who wrote (7482)2/9/2002 2:50:24 PM
From: Crimson Ghost  Read Replies (1) of 36161
 
Wayne:

Thanks for posting the PRIVATEER analysis.

I would add that the rising anti-US sentiment in many parts of the world (and especially Europe with huge holdings of greenbacks) is potentially extremely bullish for POG. There was widespread support for the US response in the aftermath of 9/11, but with the Taliban ousted and Bush now using 9/11 as an excuse to seek what many consider to be world domination, this support seems to have fallen off dramatically.

The dollar is going to get trashed badly at some point if this trend continues. And probably sooner rather than later. A sharply lower dollar would make it much more difficult for Bush to proceed on his current course.
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