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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (3995)	8/6/2002 10:20:43 AM
From: Jim Willie CB	Respond to of 89467

Paul, very good point, reminds me of a strong GOLD factor in July, we saw the falling USdollar fail to rally gold that was followed by a gold correction now in August, we see a rising USdollar fail to hurt gold I suspect it will be followed by a continued rise in gold in July, gold had risen substantially without correction then it came in August, the dollar has risen substantially in correction now its downtrend resumption is due economic news is much weaker than previously perceived no end to corruption charges or to bankruptcy filings trade barriers are still in place deficits are growing, both in federal budget and trade gap the USdollar is hitting its 50dayMA now right now / jim