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Politics : Gold and Silver Stocks and Related Commentary
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To: Crusader who wrote (14400)6/17/2005 9:14:50 PM
From: Bearcatbob  Read Replies (3) of 18308
 
Crusader,

The trade deficit needs to be looked at in more than one way. Specifically, if the rest of the world is not growing - and we are - do you bet on the non growers? One could say that the trade deficit is a sign of a healthy economy.

Now clearly eventually it must change. But it has gone on for a long time. It will be interesting to see how it works out. Frankly, I think the exporting countries should be buying gold as it is now clear that the currencies of the world share the same problems. Euro or yen - terrible demographics - no solution there.

I would look for the long waited move in gold - a move against all currencies.

Bob
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