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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: 4rthofjuly007 who wrote (45519)4/1/2002 5:47:18 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
Higher rates in the US act to "support" the dollars against other influences (balance of payment deficits, for instance) out there.

Zeev



To: 4rthofjuly007 who wrote (45519)4/1/2002 6:10:33 PM
From: sylvester80  Read Replies (2) | Respond to of 99280
 
That oil may spike, it will spike for everyone not just the US. So the issue is not just oil but where would be the safest place to put your currency in a mid-east conflict. The answer is US dollars. No other >>CURRENCY<< is safer in a mid-east conflict.

JMHO.