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To: Hawkmoon who wrote (53056)5/21/2000 3:14:00 PM
From: goldsnow  Respond to of 116764
 
<<<The strong returns in the dollar are not just battering the Euro, but almost every other currency with the exception of the Yen.>>>>

and Gold right? Gold is only second to the dollar in value appreciation against other currencies...And dollar is overvalued.....Gold (and more so Gold Shares) are so a spectacular a buy at this time....Really the only spectacular buy left...

PS Euro has nothing to do with alternative fuel, just an alternative currency (that is equally unattractive) <ggg>



To: Hawkmoon who wrote (53056)5/21/2000 6:57:00 PM
From: LLCF  Read Replies (1) | Respond to of 116764
 
<The Euro is being bashed because there is a general lack of confidence that European political and economic policy will permit that region to properly restructure into something that creates the potential for attractive returns for investors.>

You mean like the African currencies.

<Since the stocks appeared overvalued there relative to performance, the weakening of the Euro is moving to create a risk premium.>

So investors took the stocks up, but said, Oh, I didn't really want those, but rather than sell them, I'll sell the Euro?

DAK