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Strategies & Market Trends : Tech Stock Options

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To: MonsieurGonzo who wrote (52448)	9/13/1998 11:19:00 AM
From: Gersh Avery	Read Replies (1) of 58727

Hi MG .. Re the drop in the value of the dollar. When the price of gold, oil, food, imports and other world currencies all go up at the same time I think that's called inflation. This inflation is being caused by the lowering of demand to hold the dollar as a safe means of wealth storage. Funny how no one has said the "I" word yet. Never did figure out that one item to compare all others against. I think that I'm going to start talking about the dudap as a mythical currency. Looks like the good Dr. was right about the yen. They have opted for simply running the presses. Now .. that would cause the value of the yen to go down against the dudap. At the same time the dollar continues down against the dudap. Net result is that the yen looks to have stabilized to the folks in the US. Now then, while the yen and dollar are falling at the same time, the liquidity will have to go somewhere. To my thinking this leaves Europe as the winner of the next round. Probably the Euro will have been timed to have a very good start. Perhaps my Oppenheimer metal mining fund will turn to gold now. Gersh

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