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Strategies & Market Trends : Ride the Tiger with CD

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To: Rocket Red who wrote (132026)9/28/2008 11:52:50 PM
From: Little Joe1 Recommendation  Read Replies (1) of 312261
 
I am not an expert but in the depression gold did go up. Apparantly it was regarded as a safe haven. No different than Treasury bills dropping to under 1% recently.

Probably moot anyway, because I think we will have massive inflation. It is just a matter of time before the government figures out that they don't need the banking system to print money. When the pain starts to be felt by households that did not take crazy mortgage risks and there are a few riots, things will change, maybe not for the better.

Little joe
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