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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (16140)8/11/1998 6:17:00 AM
From: John Hunt  Read Replies (1) of 18056
 
We've had the 'Folly' ... Now the 'Frenzy' ... Soon the 'Fear'

gold-eagle.com

<< US Dollar Index

This index represents a basket of all major currencies versus the dollar exchange rate. During the prior 12 trading days the greenback has fallen nearly 10% in value. Undoubtedly, this must command everyone's attention. Something that may not yet be public knowledge is weakening the heretofore almighty buck. Some stealth force is forcing the over-valued US dollar to more logical levels. This is a dramatic change when you think about it -- the greenback lost nearly one per cent daily for over two weeks. Something is definitely afoot. >>

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