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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (2829)	12/25/1998 10:31:00 AM
From: Zeev Hed	Read Replies (3) \| Respond to of 81003

Searle, the 150 $/yen seems to be off, for the time being (at least the next six months), but this scenario may come back once the pressure on the US trade deficit diminishes, which I think will start and show up within the next six month. My range for the Yen is (as I stated about 2 maybe three months ago) 110 to 130 yen/dollar for most of the first half next year, and then, I believe we might once more creep to the high of last year (it was if memory serves 146, not too far from that 150) during the second half, but will not get there probably until 2000. Gold is violating your dollar/gold relationship recently, we have both going down simultaneously in the last two months, any explanation? Zeev