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Strategies & Market Trends : Strictly: Drilling II

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To: Paul Shread who wrote (1488)9/12/2001 10:21:40 PM
From: isopatch  Read Replies (1) of 36161
 
Paul, I compute $ adds separately because it's the world's reserve currency.

But liquidity adds by other countries does do more to offset the deflationary impact of yesterdays events.

It also makes all those fiat currencies weaker vs gold over the months ahead. If I didn't think the moves were coordinated I'd almost suspect we were seeing competitive devaluations.

It's understandable that the media hasn't reported it. But with all the panic buying of gasoline and food that been occuring, isn't it logical to assume there's also been very heavy withdrawals from the banks by the public??

In the very ST? I've got NO idea where gold is going. Anything is possible after yesterday!

Isopatch
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