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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: paul ross who wrote (6857)	5/13/2004 10:50:17 AM
From: Square_Dealings	Respond to of 60910

The dollar is a joke. Fed prints so many that they become worthless and create inflation. Then they raise interest rates (meaning they will give you more of the worthless paper if you loan them some more money). So the value of it goes up and they print a bunch more to counter the negative affect of raising the rates. rinse, lather, repeat Its like a tech stock giving a 2/1 split every other month to keep the price going up. M

To: paul ross who wrote (6857)	5/13/2004 1:16:16 PM
From: yard_man	Read Replies (1) \| Respond to of 60910

wrong - wrong - wrong >>But its time to be going long the dollar 'cause the FED will be raising interest rates which will make the dollar more attrative to foreign investors. A strong dollar is bad for gold. So inflation end result is bad for gold. << when/if the Fed finally raises, the dollar will go down, gold will go up and long rates will come in. It is the expectation NOW that is doing its work -- watch it and see if you don't believe me -- watch what happens when they raise rates.