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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (509833)12/15/2003 12:27:06 AM
From: AuBug  Respond to of 769667
 
Fools rush in!!! Bring'em on!!! The pit traders are dreaming as they anxiously await the market's opening bell.



To: Bald Eagle who wrote (509833)12/15/2003 12:28:48 AM
From: Skywatcher  Respond to of 769667
 
Certainly for now that will be the case...doesn't really change ANY fundamentals....
CC



To: Bald Eagle who wrote (509833)12/15/2003 12:32:31 AM
From: Skywatcher  Respond to of 769667
 
Certainly for now that will be the case...doesn't really change ANY fundamentals....
UBS sees temporary blip for gold in path towards $470 By Allen Wan
TOKYO (CBS.MW) -- Shaun Giacomo, gold analyst at UBS in Australia, said Monday
that while gold prices were down Monday in a "relief rally" for the U.S. dollar following
the capture of Iraqi leader Saddam Hussein, he expects the yellow metal to maintain
its bullish tone heading into the new year. "Gold will end comfortably above $400 by
the end of the year," he told CBS MarketWatch. His forecast is for gold to hit as high
as $470 next year, based on expectations that the dollar will continue to weaken
ahead amid worries about the U.S. deficit. "Despite the U.S. presidential elections
next year, the dollar will continue to see pressure due to the U.S. deficit," he said.
"Gold prices will rise if for no other reason than the dollar will weaken."
CC