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To: Pete who wrote (2472)1/7/2003 2:09:25 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 5423
 
dollar fall will be motivated by investment, not economy
I see a massive mega-trend shift underway

from GOLD to EURO, and then to GOLD

money will spend about a year in EURO before moving on
the second move will be motivated by realization that the ECB will debase its currency eventually also, just not as drastically as the USA, since their economy is sucking wind in similar fashion

the mystery to me is the relationship between EURO and SWISSFRANC
the Swissy is the historical investment currency
i.e. all thru 19th Century and early 20thC

/ jim



To: Pete who wrote (2472)1/7/2003 9:49:23 PM
From: LLCF  Respond to of 5423
 
Soros thinks so too... I don't think Buffet gives a rats ass to be honest. If he sees deals in something he invests. Apparently even with current exchange rates he doesn't see anything particularily interesting in overseas equities within his field of expertise.

DAK


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