Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (37376)	8/22/2003 3:04:01 AM
From: energyplay	Read Replies (1) of 74559

Report on Bloomber that about 800 Trillion Yen moved from Euro to Yen in past few days, bringing Euro down. Expectation of a possible Euro intereest rate increase. ALos a forecast that Euro will be equal to $1.05 USD or parity.... ************** I think Jay has the right idea about currencies being bad places to hide. COmpanies that own real assets - like NEM, PD, oil & gas ,etc. seem to be much better places, but they tend to require a growing economy to realize their upside.

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