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Politics : WAR on Terror. Will it engulf the Entire Middle East?
SPY 680.44+0.6%4:00 PM EST

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To: Chas. who wrote (12836)2/19/2006 8:39:26 AM
From: Rarebird  Read Replies (2) of 32591
 
>>Global Economy is a pyramid with USA at the base...if we come down all come down.....its that simple...<<

The underpinning for the global boom was all the American consumers emptying the equity out of their houses and spending up a storm at the nearest mall. It has taken the American about four years to tap themselves out.

>>relax, buy Gold, buy Oil.<<

The Gold and Oil markets took a nice little tumble after the most recent Fed. Funds hike. That was a signal that the Fed has now become restrictive. Sure, the Oil market can return to its most recent highs based on political tensions/terrorist activities. But that's not a reason to "relax" if you are long Gold or Cude Oil. These markets are laden with Risk.
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