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That's the way that is has gone every time in the past 10 years.
This time may be different; For the sake of the worthless almighty dollar
and the pea brained politicians who debased it, I hope so.
----- Original Message -----
From: <Jpilleafe@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, June 06, 2000 4:51 PM
Subject: [RT] Re: inflation?
> In a message dated 6/6/00 4:46:02 PM Pacific Daylight Time,
> Proffittak@xxxxxxx writes:
>
> << today gold had a follow up day with another $3 up >>
>
> Hello Ben,...
>
> Directly the result of US Dollar weakness. To be bullish on Gold
> I would have to see additional downside for the US Dollar,...which
> I do not to any substantial degree. My suspicion is that if the S&P500
> breaks out to the upside (note NYSE Breadth,..Utils +2.2%,...NH/NL's
decent)
> then the US Dollar might rally and re-trace some of it's recent decline.
This
> would bring some weakness into the price of Gold. Just my thoughts.
>
> Regards,...JIM Pilliod
>
>
>
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