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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Ahda who wrote (19369)10/19/2003 4:12:46 PM
From: sea_urchin  Read Replies (1) of 81944
 
Darleen > All do to non redistribution of wealth here and over distribution of wealth there perhaps. Then right swings left.

Not wealth, in Europe, but "asylum seekers" who are swamping the place and driving the Europeans out of jobs and wherever else. Unfortunately, it seems impossible for socialism to separate itself from liberalism, and we all saw how angry the American people were when Clinton succumbed to the liberals in his party. Indeed, it seems many still prefer the lies of the Bush fascists to a return of liberalism.

informationclearinghouse.info

Truly, the middle-class everywhere are caught between a rock and a hard place.

> Searle does not like gold. Dearest Darleen isn't to sure either but she is darn sure that we have to have inflation to meet debt and the strike continues in LA

I explained to you my concern about gold. It isn't gold, per se, which worries me but its market. The fact that people are not buying actual gold bullion but time related instruments which will run out of time unless the buyers are prepared continually to "top up" their payments. As I mentioned, I do not regard this as the basis of a secure or a proper investment but a gamble.

Surely, as an ex-Canadian, you realize that Canadian dollar denominated assets are one of the best hedges against the USD that there are. In fact, asset-rich Canada has a future second to none compared to any country on this earth. In the circumstances, I would think that Canadian real-estate must be a outstanding long-term investment as well as a USD hedge. Surely better than gambling with "gold" paper?

Here's the gold price in CAD. Since the price is now going down it's clear that the CAD is appreciating faster than gold is. One doesn't have to be a genius to see that.

stockcharts.com[h,a]dalaynay[dj][pd150,2][ilb14!la12,26,9]
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