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Strategies & Market Trends : Aardvark Adventures

DAVE 196.88

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Dec 10 3:59 PM EST

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To: paret who wrote (2068)	3/4/2006 11:23:28 AM
From: sea_biscuit	of 7944

It is a good idea, but it doesn't make much sense to bet against the USD with another fiat currency like the Euro (though for a large outfit like BRK that may be the only option). Gold has risen against all currencies last year and has risen against the USD ever since the dollar bear started in 2001/02. The only other real currency is oil and that is why Iraq was invaded and made into a protectorate. And that is also why Iran is now in the crosshairs. You can print all the dollars you want, but without the oil to back it, it has no value. Of course, the USD will continue to rise relentlessly, because the war in Iraq has gone so well! ;-) ;-)

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