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To: marginmike who wrote (279692)3/11/2004 11:22:32 AM
From: mishedlo  Respond to of 436258
 
good job.
What the market is telling me is that perhaps Europe is headed into a recession. This would lend support to the US$ and possibly be bad for gold.

There are other explanations for the US$ rally yesterday in the face of bad trade deficits but I am entertaining that one and reluctant to do too much with gold.

M