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

To: mishedlo who wrote (7407)6/2/2004 12:43:26 PM
From: benwood  Respond to of 116555
 
I agree, except the one thing I see that may help keep the US dollar strong (or stronger than expected) is the continued desire of so many other CBers to keep their currency weak. If it weren't for that desire on the part of the BOJ, who knows what would have unraveled already.



To: mishedlo who wrote (7407)6/2/2004 2:05:31 PM
From: Crimson Ghost  Respond to of 116555
 
Gold weak today despite a soft dollar.

BTW, when gold exploded from $100 to over $800 during the late 1970s, the dollar did not go down that much. Gold exploded versus all currencies back then. FEAR of runaway inflation, NOT a weak buck was the primary factor behind that move.


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