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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: Wade4/23/2006 5:59:26 PM
   of 48092
 
Oil price hit $75 last week. Is this due to demand, or fear?

Or, this is due to Chinese dumping US dollar for oil and natural resources? Why not spend dollar instead of rebalancing their foreign currency reserves? Why not just pass the buck to those un-informed idiots? These Chinese are not dummies. LOL

It is funny to hear our presidents kept on saying that strong dollar policy is good for the USA, but our country has been running at the direction of weak dollar policy. I know that there is no way for our president to announce a weak dollar policy. Instead of saying that US dollar is overvalued, we say that Yuan is undervalued. This is the same thing...just the matter how you spin it. LOL

The price of gold will tell us the honest value of the US dollar. Good luck.
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