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To: EL KABONG!!! who wrote (35511)6/29/2003 3:11:20 PM
From: Seeker of Truth  Respond to of 74559
 
Hi Kerry,

When I mentioned a 20% rise of goal vs. the U.S. dollar, I was referring to a price of 290 a year ago and 340+ now. And of course you are right, the euro has done equally well plus pay you a tiny bit of interest after tax. However, I think from now on a further rise of the euro relative to the U.S. dollar would be harmful to the European economy so it will be resisted, whereas gold will go freely up. No 50% a year, no madness, just a sane rise against the US $,a currency with no good future. Actually I myself own much more European real estate stocks than gold.
The best to you.