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Strategies & Market Trends : China Warehouse- More Than Crockery
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To: RealMuLan who wrote (4969)5/26/2005 5:18:03 PM
From: regli  Read Replies (1) of 6370
 
I agree that gold in individuals hands helps when the currency gets debased. However, I think the important part is to prevent the debasement in the first place.

Economic strength really is reflected in a strong currency as it results in increased purchasing power. The present environment of competitive devaluation is extremely destructive.
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