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gtober

11/16/05 11:23 AM

#7841 RE: basserdan #7840

I suppose there is no guarantee. Perhaps if we consider an inflationary environment where rates are increasing, the USD can rise and Gold can rise. For a while at least.

Of course, yields are dropping hard today.

http://stockcharts.com/def/servlet/SC.web?c=$tyx,uu[f,a]dhclyyay[dd][pc10!c20!c50!c200!b200!d20,2!f]...

So, I just scratch my head. :^))

The good thing is, most scenarios one can come up with are bullish for Gold.