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To: PaulM who wrote (25010)	12/28/1998 10:56:00 PM
From: C Hudson	Respond to of 116764

There is one facet of the launch of the Euro that doesn't get talked about enough. The Euro gives any country that is fed up with the United States an alternative. I believe that despite the problems with the spreading socialism that Martin Armstrong talks about (increased taxes), the Euro will be sucessful due to anti-Americanism.

To: PaulM who wrote (25010)	12/28/1998 10:56:00 PM
From: Hawkmoon	Read Replies (3) \| Respond to of 116764

Interesting thought.... But if the Euro becomes stronger vis-a-vis the Dollar, wouldn't the result be greater capacity for US companies to export and compete with European firms due to favorable currency exchange rates? The resulting tension would likely trash the European stock markets and economic growth, while making US industry more competitive against their manufacturers. I recognize that there would be an initial bonus due to any strength in the Euro, but I wager given Europe's inherent anti-corporate climate, it would be short-lived. As a side result, Asian economies would suffer from a lower dollar as it negates the current trade surplus they have. And European goods would face more competition from Asian goods. But knowing the Europeans, they would call for tariffs and wind up leading us all to a trade war. It is quite a delicate balancing act that is being played out here, that's the only thing that is quite clear in all of this analysis. Regards, Ron

To: PaulM who wrote (25010)	12/29/1998 7:26:00 AM
From: long-gone	Read Replies (3) \| Respond to of 116764

And the fact that the gold market may look very different in 99 is the reason we have picked up the likes of teevee. "They" know they are near caught on the wrong side of this thing, and wish to get out with their skin. If one on the wrong side of this coming Bull Market in metals looks at the numbers &: sees the growth of eagle & maple leaf sales, sees the mergers in the mining industry(reduction of supply?), sees the demand returning Asia, sees that more sales from Europe will be few, distant, or only threatened, worry must prevent sleep! The "anti-gold" lobby is on the run!