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The U.S. Dollar is taking a pounding on the Foreign Exchanges. The inflow of
money into India is telling us something, besides the money generated by
software companies many people in the Gulf have started to transfer their
money back to India. Gold is also telling us that the smart money is betting
on war taking place. The gold rate in Rupees is a high not seen for some
years.



Cheers Gabe Menezes.


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