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From: | "Steven Tong" <soarer2@xtra.co.nz> |
Date: | Tue, 21 May 2002 18:26:10 +1200 |
Gold up another $ 5 this morning.
International hedge funds are shorting the US$ and
are long gold, this is contributing to the increase in price. Shorts are being
forced to cover and a short squeeze looks probable.
India v
Pakistan
Israel v
Arabia
US v
Terror and A MOUNTAIN OF DEBT THAT IS NOT GOING AWAY
JAP v Bad
debts
If I was a betting man, I would suggest it
is highly likely that one of the above is going to explode. This WILL
have an impact on equity markets, eventhough your broker is probably telling you
the opposite.
GOLD - LONG AND STRONG
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