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carl_p_r2

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carl_p_r2

Re: Zeev Hed post# 154762

Thursday, 09/25/2003 9:00:58 AM

Thursday, September 25, 2003 9:00:58 AM

Post# of 704041
Gold held its rally all night and is trading over $390 in NY. Silver also rose sharply overnight. Both did so in an environment where the dollar did not fall, and in fact rallied a bit against the yen. My guess is that the continued strength of gold predicts further weakness of the dollar ahead (and more trouble for the market).

Carl

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