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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: philv who wrote (19543)11/19/2003 5:19:15 PM
From: sea_urchin  Read Replies (1) of 81177
 
Phil > I still think the US dollar will fall because of all the liquidity. I haven't got a clue about gold.

Scratching up an old discussion of ours, I thought you might find this chart interesting. It's the Gold price v the Euro ( = gold price in Euros) which shows clearly that the gold price in Euros is actually going down. (Join the tops and the bottoms with a ruler). The inference is that the better hedge against falls in the USD would be the Euro rather than gold.

stockcharts.com[l,a]dalaynay[de][pd50,2][ilb14!la12,26,9]
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