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Gold/Mining/Energy : Euro Impact on Gold, USD ...

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To: Zardoz who wrote (206)1/5/1999 4:13:00 PM
From: Zardoz  Read Replies (2) of 289
 
quote.yahoo.com^ECU&d=5d
Is the party almost over, and the clean up begins? Isn't it about time that Europe started to lower unemployment? At what cost to society has the Euro, and it's coinage robbed? How is Europe going to stimulate growth, last I looked, Germany was entering a recession, and France. Ahh France, next to the USA, this is the most protectionist country in the world. I think maybe 1 more day of putting on shorts, and then the real fun begins.

I expect that Japan will try to promote a currency blunder. Maybe get a FED official there to screw up in public. As Japan desperately needs to get the YEN above 113-117 range, or say good bye Nikkei...
quote.yahoo.com^N225&d=5d
Plot the YEN versus USD for the last 5 days.

Barton Biggs sez: That there are many 'knockout puts' on the YEN that could drive it to 95 if it hits 110. He really means the knockout future exchange ratio on the YEN/USD rate.
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