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Tuesday, May 22, 2007

Dollar to rise against the Euro; gold against BOTH

Goldseek.com today gives an extract from Steve Saville's 6 May article in "Speculative Investor", explaining why he thinks the US$ will rise against the Euro - he thinks the latter should depreciate relatively by 20%.

Again, read more closely - Saville says he expects both currencies to drop against gold, it's just that the Euro has further to fall.

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