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02/26/04 10:33 AM

#210025 RE: basserdan #210018

Yesterday was perhaps the most discouraging day, for me, since I started owning gold a couple of years ago.

The $US clearly lost value, but gold tanked much more, all because of competitive devaluation by the Euro and Yen.

If this continues, the $US could lose 50% of its value over the next several years, and the POG go nowhere...