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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: philv who wrote (5437)	1/19/2004 1:46:30 AM
From: Wade	Read Replies (1) of 110194

<So what does all that mean? I think he is talking to two constituencies. For the local US political crowd he is saying the politically correct thing, that is a strong dollar policy is desirable. However he is telling the FX crowd that they will determine its relative value, or more to the point, that inspite of his "desire" for a strong dollar, the administration will not support it.> My additional point for his double talk is that he was trying to keep those who have no clue of what was going on from finding out the actual situations. Almost all of my coworkers don't know that US dollar has depreciated so much against foreign currencies. For those know a little bit about this news have no clue of how to protect themselves from this situation. We can say that 99% of the US citizens are totally unprepared to deal with this. They don't know how to buy any gold stocks or any kind of gold or silver coins. Wade

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