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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (11333)4/28/2002 3:10:37 PM
From: Art Bechhoefer  Read Replies (6) of 36161
 
U.S. rumored to be ready to sell gold to cut balance of payments deficit and maintain a strong dollar. The dollar now is considered overvalued against many key hard currencies. The government is considering selling gold in order to keep the dollar strong and the price of oil low.

Art Bechhoefer
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