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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: pocotrader who wrote (48107)	8/26/2007 9:22:36 PM
From: Proud Deplorable	Read Replies (1) of 78419

"another thought just crossed my mind billions could be spent on replacing all the North American infrastructure" Unless they quit trying to Walmartize the middle east and switch away from a war economy (oh yeah that will be the day) any major infrastructure campaign will need lots of money so Bernanke can print more USD till it drops to zero. I pretty well am convinced you are wrong about other countries supporting the dollar. They are moving out of it. When China dumps, and they certainly will, things will end for the USD. Right now Japan and China are not getting paid for what they ship to the USA if all the get back are dollars declining in value. So the logical thing for them to do is switch tem as soon as they get them for stronger currencies and that is what they are doing and will continue to do at a faster pace than before. The USD is positively going to TANK when the funds rate drops a whole point soon. If you were the Chinese would you sit on dollars and watch them decline alost daily? Sorry but the Chinese are in business and they don't need the USA THAT badly.

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