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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jrhana who wrote (25852)12/22/2003 1:59:02 PM
From: Little Joe  Read Replies (2) of 39344
 
The ringer this time around is that many of our goods are purchased from countries which are producing cheaply. While a currency crisis could drive up these prices, the pressure on wages would not be there. So that increased wages will not be available to drive housing prices. Right now it is the imports that are keeping American wages down.

Little joe
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