2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.27

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Nov 21 4:00 PM EST

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To: carranza2 who wrote (3580)	1/18/2006 11:16:27 AM
From: elmatador	Read Replies (1) of 217984

Hi C2! Long time no hear. The whole vested interests in the supremacy of one currency vs another is mind bogling. Thus it is very unlikely to a small group topple the USD. If someone, seriously tried to toppled the USD, it wold be for financial gain. Knwoing that they are after gain, the vested interest in the USD would call the guys intersted in toppling the US and they would seat around a table and would settle the matter. To avoid that type of confrontation (used to be called beg thy neighbor) the vested interests created a cartel of currencies called the G7 and a couple fo multilatEral institutions called IMF, World Bank and GATT. This worked until August 1972 when Nixon said US won;t buy gold at fixed priced and send the Yen and DM up,, you know the story. I'm just writing for people to keep an historical perspetcive on how those things are done. If the USD is toppled one day IT WON'T BE BY THE EURO Most likely by another cartel of currencies, perhaps, Yuan+Yen+a dozen other currencies.

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