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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 462.34-1.0%4:00 PM EST

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To: TobagoJack who wrote (8037)8/18/2006 11:26:20 PM
From: Arran Yuan  Read Replies (2) of 220125
 
Jack,

My impression is that the liquidity sludging around the global has to be drained to a certain degree - stagflation to come. China will likely to have a recession, too. Wether its growth rate will be below zero will depend on the pace(s) that CBs are going to drain the excess liquidity. The only CBs could now inflate more is through wars. However, with the status quo of US FRN$'s quasi reserve currency to defend and USA's planet destroying arsenals, they are not ready to do it, yet. Not until they find a substitute. Euro is a test, though. Saddam embraced it!!! Iran is flirting with it now with a different strategy!!! Guess Iran will probably be able to tread the water. Again, that depends on the "reserve currency". All in all, there is very slim odds for a major world war in the near future.

As to Taiwan to mainland, there is not that much risk out there as long as China knows how to and has the determination to use its leverage. I see both present.

Yes, to me, Ag/Au/Pt have been the reserve currency for some time now, and will be for some time to come.
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