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To: Broken_Clock who wrote (14387)12/13/2002 3:22:12 PM
From: The Ox  Read Replies (1) | Respond to of 14427
 
With the new economic advisor and SEC head, there has been a lot of talk about a weaker dollar going forward. This has been translating directly into the gold price. Since interest rates are incredibly low, it makes sense for the dollar to fall and for gold to rise. It's hard to imagine the FED raising rates anywhere in the immediate future, so there should be plenty of room for gold to run and for the dollar to fall...at least in the short to intermediate term.