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Politics : Foreign Affairs Discussion Group

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To: Dr. Id who wrote (150376)11/2/2004 6:13:53 AM
From: Michael Watkins  Read Replies (1) of 281500
 
I don't think Michael is an undecided at all. ;-)

I refuse to call the election, but will venture to predict:

- Crude contract bounces back above 50 and climbs higher under a Bush win.
- US Dollar resumes its fall under a Bush win.
- Gold also rises with a Bush win.

Crude and Gold have weakened here recently -- I'm thinking that perhaps some of the big money is betting on a Kerry win, since all the while Bush had a sizable lead, Crude and Gold were strengthening; the Dollar was weakening (the latter in part due to failed fiscal management under Bush).

Perhaps the weakening is simply profit taking ahead of the big event; but there may be a recognition that Kerry might just win.
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