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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (4613)2/28/2007 4:03:10 PM
From: nohalo  Read Replies (2) of 50420
 
If the US economy rolls over into a recession, then economic output will be markedly reduced, jobs will be lost, confidence will be reduced, and buyers will vanish.

In this scenario, regardless of interest rate cuts, gold and other commodities will fall.

Interest rate cuts will follow recession, and will be immaterial to the gold price.
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