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S&P 500
6,611.83
(
0.44%
)
US TECH 100
23,533.20
(
0.57%
)
Dow Jones
46,669.88
(
0.36%
)
Brent Oil
107.07
(
-1.93%
)
Bitcoin
69,433.46
(
0.62%
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Post# of 704041
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Zeev Hed

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Zeev Hed

Re: John126 post# 102837

Tuesday, 04/29/2003 9:53:14 PM

Tuesday, April 29, 2003 9:53:14 PM

Post# of 704041
A sudden decline will add to other negative background (sentiment) indicators. But a gradual decline of the dollar does not have to have a negative impact on the market, except that it partially drive funds into other instruments, and of course, as I have mentioned too many times, the gradual decline of the dollar to around $1.18 to the Euro (which I have used for quite some time now as the target of the current decline) should bring gold to the area of $385 or so with a possible spike to around $400.

Zeev

AZH

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