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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject3/9/2002 2:14:59 PM
From: gold$10k  Read Replies (3) of 36161
 
An aspect of the gold situation that I'm not sure I understand...

Today on "Forbes on Fox", Steve Forbes said in his opening statement that he was watching the price of gold. He said that if it stayed in the $300-320 range then money was flowing into the system but that lower gold prices would indicate a problem for the economy. Is this about the dollar needing to fall (leading to a rise in the POG) to help our manufacturing/exporting and balance of trade? Could someone out there please expand on this idea because otherwise I just don't see the connection.

TIA,

vt
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