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

To: Real Man who wrote (68514)	2/4/2004 11:18:21 AM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

PIMCO bonds?

To: Real Man who wrote (68514)	2/4/2004 11:38:19 AM
From: BubbaFred	Read Replies (1) \| Respond to of 94695

Vi - What's the advantage of being the world's reserve currency? Is it for greater stability so they can issue more debt notes? It seems that's the biggest benefit per USD case. I read somewhere that a few European countries have been trembling when the euro starts making new highs vs U$D. I don't have a clear picture on this. Also ECB's (Swiss, I think) have been and are reducing (selling) their gold reserves. I take that to mean they want to weaken the euro. Gold reserve tends to stabilize and provides support to the currency. I must be off base on this one too. Fred