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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (810)9/4/1998 5:53:00 PM
From: Zeev Hed  Read Replies (2) of 81821
 
Searle, gold followed your model perfectly, the dollar went down against the yen by some 10% in a short period and gold rallied "mightily". I have a question, however, does the fact that gold rallied only about 3% or so while the dollar sank 10% indicates to you, according to your model, that this move might be a "fake" one?

Does it follows that if the dollar goes back to 146 yen/dollar, gold will make then a new low?

Inquiring minds are trying to comprehend your model better.

Thanks

Zeev
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