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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (63729)5/7/2003 10:41:15 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Revenues come then. Something to note

1) Gold rallied 6.4% in April, exactly matching USDX decline. Thus, gold just stayed where it was, only USD declined.
USD-gold relationship is extremely strong.

2) Most countries book oil profits using 3-month futures. Thus, this month should give to oil-producing countries record
revenues, which will result in record sales of the dollar.

3) count 3 months from the oil peak to find WHEN the buck should rally, gold should fall. It will be early June.



To: William H Huebl who wrote (63729)5/7/2003 3:40:38 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
321gold.com
Interesting comments on the Fed from Richard Russel (the Dow man)