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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 462.34-1.0%Feb 10 4:00 PM EST
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To: Ramsey Su who wrote (8059)8/7/2006 1:43:39 PM
From: Riskmgmt  Read Replies (1) of 220127
 
Welcome back Ramsey:

Regardless, I simply cannot see the ability of the Euro to go up much more against the US$. So how is that going to affect the precious metals?

My experience mirrors yours, with the same conclusion. Germany just raised it's VAT(value added tax)to 19%, on top of everything else. The Euro is at it's upper limits versus the dollar.

The same thing goes for the British Pound, a few days in London will convince you of that.

regards

Ray
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