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

To: Zeev Hed who wrote (59684)	5/1/2002 11:34:16 AM
From: westpacific	Read Replies (3) \| Respond to of 99280

Zeev look at dollar today, massive collapse, GOLD IS GONNA RUN HUGH!

To: Zeev Hed who wrote (59684)	5/1/2002 5:27:42 PM
From: mishedlo	Respond to of 99280

I did not say "never" I said within the next three years. Things can always change, but right now, I do not see conditions for that type of a move. While for the time being I think the bull move in gold is not over, I think that $330 will be a major hurdle, and only massive balance of payments deficits can get us past that. I believe I stated here few month back that $400 will probably be the max on gold, and that only on a spike, and if the dollar declines by more than 30% or so. Zeev I see you answered my question. Please bear in mind that I seldom post during the day if I am involved in a trade. I just not as nimble as you. If I ask a question when reading posts in the evening. Assume I did not yet find the appropriate response, before my post. Thanks for your responses to my questions. Btw - you mention a possible drop on the dollar of 30% What are the implications of that? Is that an expectation or just a possibility. M