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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Little Joe who wrote (11130)	5/19/2003 11:43:59 AM
From: russwinter	Read Replies (2) of 39344

<USD rally is overdue> The commercials are long the USD now, so you may be right. But may also mean they (da boyz) are looking for a substantial interest rate uptick to justify it? Here's the trade they same to be going with: Long USD (and essentially short or out of gold) Short Eurodollars and 5yr TN. (ST and intermediate term interest rate uptick) The crude oil play is still intriguing and not quite sure where it ties in. They are substantially long crude.

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