VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: mt_mike who wrote (51599)	5/17/2002 11:40:14 AM
From: Jim Willie CB	Read Replies (1) of 65232

they are wrong on Euro, plain 180 degrees off since Feb02 the Euro has risen from 84 cents to 92 cents now the European economy EU has a trade surplus the combined European Central Banks have 15x as much gold backing (collateralizing) their currency than the USA pure past views, pure wishful thinking I expect Euro to rise past parity at $1.00 probably before 2004 rise to as much as $1.10-1.20 Arab petro-dollars will only assist the new trend sorry CNBC economist hacks, dollar is in for trouble and it will undermine stocks here GOLD rise is a serious warning to our financial community / jim

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