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Non-Tech : Money Supply & The Federal Reserve

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To: glenn_a who wrote (941)8/17/2003 9:59:41 PM
From: loantech  Read Replies (1) of 1379
 
glen,
That was a nice post. You make an interesting point on the YUAN.

I am not sure about all the markets but think we may get a big spike in gold and the shares. May be a time to take profits on most of them if this occurs $415-420 POG USD but it may be worthwhile to continue to hold a drill play stock like CKG, CBR or SVL. News on them could support or propel the stock in any market and of course if they don't get positive results they will crater in either climate.

Been holding for quite some time. Mining stocks may just go up with a falling market glen hard to say history may repeat but maybe not identically.

There may be a scramble for liquidity but I think being debt free or having the ability to get that way may help over obtaining liquidity in a crisis. Cash or bullion in hand sure can't hurt.
tom
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