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Zeev Hed

03/09/03 11:25 PM

#84775 RE: Babylon #84773

No I think that the majority of the gold move is over with for the next 12 months, after that, who knows, it depends how bad we manage our economy, if very badly and the dollar lose half of its value, then sure, gold could double, but right now, our economy is still comparatively strong, and thus apart of correcting the excessive strength of the dollar in the last few years, I think that a more normal range (like about $1.18 to the Euro or so is rational. The dollar is still much too strong here.

Zeev