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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (4613)2/28/2007 6:13:45 PM
From: surelockhomes   of 50428
 
>>Poll: Fed rate cut good, or bad for Gold?<<

Bad

>>If the U.S. economy rolls over into a recession
and the Fed cuts rates -- what will gold do?

Opinions on whether gold will explode, rally slightly,
do nothing, sell off slightly, or collapse...along with
reasons why.<<

Collapse. Recession and then deflation, it's the Fediots back to 1% or less. Liquidity will dry up like a prune. It will be like what happened to a Japanese Yen holder in 1990. Everything he could have bought collapsed except Japanese Government bonds, which rallied and had a nice yield. The trade for the decade.

futuresource.com

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