The Euro Dollar and The Impact on International Currencies Message Board

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Non-Tech : The Euro Dollar and The Impact on International Currencies

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To: Moneysmith who wrote (13)	10/8/1998 8:19:00 AM
From: SBerglowe	Read Replies (1) of 28

FWIW-- gold stocks have been leading, but gold has done relatively little barely being able to stay above $300. Unless it starts moving soon, I'd be skeptical that gold is about to enter a new bull market. I think gold has to go above $317 here, soon. Of course we could all wake up one morning and find it limit up, but the lack of volatility in gold makes me beleive that it may not be a long term haven. I bought FAX yesterday which is Australian and Asian paper yielding 12.8% I like the dividend and feel the stock which trades on the Amex should move higher.

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