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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Michael Burry who wrote (7764)7/14/1999 3:04:00 PM
From: Mike 2.0  Respond to of 78478
 
Good article you posted Mike. This paragraph caught my eye...gold is also a de facto world currency in this context:

Coxe notes nearly every major player in the gold market --
from central banks to producers -- is short the metal. "There
are no bulls in gold," he says. "Yet the alternatives to gold,
the only three currencies in the world that matter -- the U.S.
dollar, yen and euro -- don't look like strong currencies. This
should be the time for a move in gold."