2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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

GLD 374.96

+0.2%

Nov 19 4:00 PM EST

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To: Rolla Coasta who wrote (11345)	11/9/2006 10:00:33 PM
From: energyplay	Read Replies (1) of 217901

From John Succo at Minyanville.com - About one year to go on his time line.... **************cut *************************** Everyone today is talking about the comments coming out of China about what they may do with all those dollar reserves. Gold and Oil are up on that. If you remember I made a comment almost one year ago. My firm calculated that it would take China about two years to amass enough gold that if the dollar dropped 50% they would come out whole with the corresponding jump in gold prices. This would put them in a position to abandon their U.S. dollar policy (lending to the U.S. consumer to buy their stuff) if they perceive the U.S. slowing to the point where their exports would stagnate anyway. Meanwhile China's economy has its own problems. Right now all central banks are holding hands and pumping this liquidity together. When things start to go bad hands get slippery.

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