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

To: Tom Byron who wrote (3420)	2/14/1999 5:42:00 PM
From: Zardoz	Read Replies (2) \| Respond to of 81070

This week is going to be a volatile week for the CRB, XAU, DXY, and POG. All but the DXY {US Dollar Index} will make breaks to the downside. Many people have over looked the ECU-Euro conversion, and what was adding support to the ECU {XEU}. The Euro is a greatly over valued currency, and based on it's norm may well break to 1.10 soon. And then much lower. It's basis is not of stability, but of a recessionary deflation{gold holding do not help}. The higher 30 yr yields will raise the USD cash inflows, probably around thursday. Look at the open positions on April comex, they are singling a deep Gold decrease, not increase. The XOI looks like it'll make a run below 390 again {even with supposed higher demand}. Anyone prove to me that Gold holding help a currency? Even Canada, and Austalia, with they limited holdings are showing much higher then just three months ago.