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Re: Zeev Hed post# 341219

Tuesday, 01/04/2005 10:14:54 PM

Tuesday, January 04, 2005 10:14:54 PM

Post# of 704041
I can see the miners being sold off, but not Gold itself (GLD). That should pretty much follow the $US, and since a big market drop means much less in tax revenues for the Feds (and thus a bigger budget deficit), and will certainly cause the Fed to cut rates, I can't see the $US rising much, if at all.

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