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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (113242)	5/1/2008 10:33:22 AM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

>>I agree with the dollar strengthening after Bush is finally done chopping its legs off. However, that will be bad for gold. And oil. The question is when the market starts to discount the absence of the weak dollar, anti-American Presidency.<< The dollar with strengthen as soon as the market believes that the Fed is done lowering real rates. It will strengthen further as soon as the cyclical bust is over and a recovery is believed to be 6 or so months away because it will start discounting higher real rates and better investment opportunities in the US economy.