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Gold/Mining/Energy : Precious and Base Metal Investing
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To: Little Joe who wrote (20476)9/15/2003 3:30:04 PM
From: Eva  Read Replies (2) of 39344
 
Date: Mon Sep 15 2003 14:45
trotsky (Apollo@Euro) ID#377387:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
when they tell you about impending euro weakness on the front page of the WSJ, it's probably time to go long. note: 1. the Euro zone economy isn't as bad as it looks compared to the US. this is mainly because US economic stats are not comparable, and are in fact largely fictional. and 2. even if it were true that the Euro-zone is so much weaker, Euroland still sports a sizeable trade surplus. and as we know from the Japanese yen, the trade flows have ultimately a much bigger influence on relative currency valuations than the perceptions about economic growth.
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