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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: chainik who wrote (6787)6/15/2007 4:31:51 PM
From: gold$10k  Respond to of 29622
 
Based on COT, everything is going to the moon :)

Earlier today, Japan indicated that it would NOT raise interest rates in July, so the yen carry trade is free to fuel all the markets of the world.



To: chainik who wrote (6787)6/15/2007 5:30:04 PM
From: ecrire  Respond to of 29622
 
Re the Stock Market: today's strength has been attributed to a so called benign CPI(excluding driving and eating.) Actually, a more likely catalyst was the Japanese decision not to raise their rates; the Yen weakened and the carry trade continues unabated to fuel investments.


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