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To: Hugh A who wrote (91765)12/12/2002 7:56:45 PM
From: IngotWeTrust  Respond to of 116845
 
Hello, Hugh.
Thanks for your post.

gold & platinum_tutor



To: Hugh A who wrote (91765)12/13/2002 2:14:56 AM
From: Jamey  Read Replies (1) | Respond to of 116845
 
What about the Arab councils plans to convert to the gold Dinar? Heard that too.

Santi



To: Hugh A who wrote (91765)12/14/2002 3:19:06 AM
From: E. Charters  Read Replies (1) | Respond to of 116845
 
J.M. Hurst was of the opinion that important world events do not effect commodity or stock prices! (1970 The Profit Magic of Stock Transaction Timing)

"The relative independence of stock price fluctuations from random and historical events, pkust the periodic and common nature of the cyclic components permit the timing analysis on a purely "technical basis.""


"The lack of relationship between cyclicity and historical events is clear-cut."

"There may be a link between GNP and non-cyclic price action in the market".

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I don't think Hurst meant that ALL government doings did not affect markets, just that a War in Iraq is not directly related to the stock market, or gold price per se. This is arguable I would say. In that it affects energy, oil price and economic policy it may have a bearing.

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