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ItsAllCyclical

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Re: wahz post# 40250

Thursday, 10/31/2002 11:24:39 AM

Thursday, October 31, 2002 11:24:39 AM

Post# of 704019
Time to add more gold. Dollar index breaking down again. If the FED cuts, both gold and the market may rally initially, but long term Greenspan only makes the credit bubble that much worse. 11 cuts and no substantial improvement, but the 12th cut is going to make the difference? Don't think so.

http://quotes.ino.com/chart/?s=NYBOT_DXY0&v=i&w=5&t=l&a=10

If the Fed doesn't cut, then gold wins in that scenario as well as the market heads south.

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