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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: ild who wrote (50747)5/8/2006 1:17:45 PM
From: regli  Read Replies (1) of 116555
 
Why not buy Euros, Yen, Pounds and Swiss Francs while the U.S. defends the currency? Seems very reasonable to me though it would clearly temporarily drive up these currencies.

I don't believe that they would want to offload their whole stash but only significantly adjust their holdings.
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