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Strategies & Market Trends : Strictly: Drilling II
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To: TheBusDriver who wrote (20061)10/10/2002 3:17:12 AM
From: c.hinton  Read Replies (1) of 36161
 
I think for the time being the euro will benefit more than gold from any dollar weakness,after all one can buy euro bonds and get a relatively decent return ,at least in the ST,especially since euro banks and insurance co.s will most likely be moving assets back to europe (buying euros)to shore up their own balence sheets.Frankly I think gold will be the refuge of last resort,though its time may not be far off.
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