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Strategies & Market Trends : Ride the Tiger with CD

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To: Bruce Robbins who wrote (16594)	10/20/2004 1:44:53 PM
From: Proud Deplorable	Read Replies (1) of 312555

"I would pick Euro. At least it has more gold backing than the other two." There is another factor to consider here. If the Euro rises to 1.29 they are going to absolutely panic over there. But it looks like it is in the cards anyway. There is every reason now to believe we are finally seeing the last days of the USD and the beginning of a reduction to the practice of supporting the dollar by Japanese and others. My only wish is to see some of these countries start buying gold as well as treasuries and property overseas. The way things are going Japan will own the USA ....deja-vu?

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