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Gold/Mining/Energy : Gold Price Monitor
GDXJ 124.11-13.6%Jan 30 4:00 PM EST

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To: marek_wojna who wrote (72204)6/22/2001 1:07:11 PM
From: jrinvestor  Read Replies (1) of 116954
 
<<<<<<<<<<really do hope I'm wrong. But once the dollar starts its decline I can see East Europeans and rest of the world dumping dollar faster than administration can raise the rates to prevent it. Please to remember, most of the accounts in Swiss banks are held in US$. Weak dollar will mean beginning of hyperinlation and US CANNOT afford 20% interest rates like they did in 1980. IMHO. >>>>>>>>. You sound like you have some AX to grind. Why do you care who gets hurt? As a matter of fact it is JOHN Q public who gets hurt with a weak dollar while corporate America benefits world wide. As far as what USA can stand, It has no choice. JR

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