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


To: William H Huebl who wrote (69123)3/29/2004 10:21:07 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Yep, I looked. Dollar index is mostly Euro, while the Asian
currencies are tied to the Dollar, and are sinking with it.
All liquidity created finds its way in China, leading to
overheating of that economy and record exports to the United
States. Add the possible Japanese recovery from 14 year long
bear market and deflation. That recovery is also driven by
exports to the United States, and Forex manipulation. Euro
rise is mostly related to its increased use in derivatives and
as a world currency. Euro is not much better than the dollar,
although the European CB seems to be slightly more responsible
than the Fed.

Sick, isn't it?

Got gold?