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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Real Man who wrote (91381)2/8/2008 9:52:30 AM
From: Horgad  Read Replies (1) of 110194
 
When the Feds finally decide to start defending the dollar and raising rates, either the gold bull will be over VERY fast or we will go Zimbabwe and the gold bull against the dollar will continue "forever".

Volcker smacked gold down good from 79-80 and a lot of the smacking took place in the very early parts of the dollar defending phase.

But maybe this time the Feds wait (or have already waited) too long and we go past the point of no return for the dollar. If we get to the point where nobody wants the dollar no matter what the interest rate, well you know the rest of the story...
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