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

To: Knighty Tin who wrote (7152)	5/27/2004 9:21:44 AM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Dutch central bank to sell 100 tonnes of gold in next five years Thursday, May 27, 2004 12:26:14 PM AMSTERDAM (AFX) - The Dutch central bank said it decided to sell another 100 tonnes of gold over the next five years. This will bring total sales of gold since 1992 to 1,100 tonnes, with 612 tonnes remaining on the bank's balance sheet. The central bank noted that the profit from future gold sales will remain on its balance sheet. Excluding gains from the sale of gold, the Dutch central bank incurred a net loss of 340 mln eur in 2003.

To: Knighty Tin who wrote (7152)	5/27/2004 9:31:35 AM
From: mishedlo	Respond to of 116555

ECB's Issing says euro zone to benefit from strong global recovery Thursday, May 27, 2004 9:45:07 AM PASSAU, Germany (AFX) - European Central Bank chief economist Otmar Issing said the euro zone will participate in the strong global economic recovery currently underway, even though it is currently lagging behind other regions He said the world economy is experiencing strong and robust growth "The euro zone will take part in this positive development," he said in a speech Strong global demand will clearly boost euro zone and German exports, despite the loss of competitiveness which resulted from the appreciation of the euro, he said "Thanks to the major impulse coming from foreign trade, the economic situation has clearly improved," said Issing But he said domestic demand continues to stagnate fxstreet.com