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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John Doyle who wrote (938)3/1/2004 11:59:27 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 116555
 
I expect gold to hit $1000 then $2000 in this decade
and the USDollar to hit incredible lows
e.g. euro/$ at 160, jyen/$ at 140
(they are 124 and 92 now)

few watchers are aware of currencys historical habits
the USDollar will go 15-20% lower than it should
it will trend down for 2-3 years longer than it should

at that time, US mfg will make a comeback
hard to believe, eh?
just watch
who in 1999 expected copper and silver to make such huge rises?
who in 1999 expected soybeans, nickel, steel, and construction board to rise so much?
we are in historically unprecedented times here
it is very exciting, along with the arrival of spring, and the hiking of skirts

/ jim