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To: John Pitera who wrote (85443)	2/9/2001 4:47:04 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 86076

inflation in the Euro-zone is at multi year highs in many regions...and the ECB has no ambitions regarding Europe becoming an "engine for world growth"... still, the economic downturn will be far less severe in Europe...because we don't have as much private sector debt hanging over our heads. so the Euro should continue to outperform. i see gold has some catching up to do...that will come, and it'll probably be swift...