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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: NucTrader who wrote (5783)	12/3/1998 7:40:00 PM
From: Lucretius	Read Replies (2) \| Respond to of 14427

dollar getting smashed overnight. Mon could get UGLY if Brazil devlaues over the weekend. Sure do wish you would have hung onto that gold. Gold prices DO NOT fall when the dollar is falling. Recall this summer when the dollar broke down, it took five days but gold soared from the lows and the gold stocks launched almost 50% in 2 days. IMO, this move down in the gold stocks is just a continuation of the final shakeout. The stocks have moved down much more than the metal itself showing panic selling just as it showed panic buying on the way up when gold stocks ran past their historical relationship to the metal. keep in mind, a crash in equities could develope as early as next week depending on how fast the dollar drops.