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Non-Tech : The Woodshed

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To: paul ross who wrote (6857)5/13/2004 1:16:16 PM
From: yard_man  Read Replies (1) of 60911
 
wrong - wrong - wrong

>>But its time to be going long the dollar 'cause the FED will be raising interest rates which will make the dollar more attrative to foreign investors. A strong dollar is bad for gold. So inflation end result is bad for gold. <<

when/if the Fed finally raises, the dollar will go down, gold will go up and long rates will come in. It is the expectation NOW that is doing its work -- watch it and see if you don't believe me -- watch what happens when they raise rates.
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