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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: NOW who wrote (38052)9/10/2003 12:11:07 AM
From: marek_wojna   of 74559
 
At this time each resident of USA is in debt of $23361.66 and growing by about $5.00 per day. If that debt to be paid off by old standard in gold it means the 7000 tons of gold reserves (if they are true numbers of gold in US reserve) would reduce this debt at $400 an ounce only by roughly count $250 dollars that means no growing debt for full 50 days. Let sell it. The problem with gold the leaders of the world are facing is very simple to explain -gold is not about sellers is about buyers and what the people choose to trust. No time like this in the history of homo sapiens.
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