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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (16525)12/13/2002 6:15:03 AM
From: Zardoz  Read Replies (1) of 81665
 
Ouch! USD takes a hit.

That;s because when it SNOW's in the Treasury, the US Dollar get's soaked. It's a bad appointment for the markets because of forced liquidity expected should John W. Snow, present chairman of the CSX Corporation, becomes the Treasury secretary. Thus the push for precious metals hedges, and US Dollar expectations of weak dollar policies. Can you say Volker Clone idealist?
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