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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who wrote (11302)	5/22/2003 12:59:15 AM
From: Elizabeth Andrews	Read Replies (2) of 39344

The odds, based on the mix of policy objectives, now favor a rising equity market, a lower US$ and much a higher US$ gold price. Interest rates are the wild card and the bet is that holders of US$ debt won't sell as there's no other place to go. So rates are going to stay low for a while. Bush has to get re-elected. This will be difficult as the economy has given up many jobs and those jobs each have a vote. So stimulation baby! Or we are going to have a global competitive round of devaluations and gold will increase in all currencies not just the US$ and trouble.

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