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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (12688)10/8/2008 6:58:33 PM
From: GST  Read Replies (1) of 71454
 
I respect Russ very much. I have trouble believing this is 'the bottom', but mainly because of the overall train wreck that is going on in the global economy. I see this as the time when one and all line up for their own personal bailout, and where governments around the world feel compelled to write checks so large that the markets come to believe that these checks will bounce. Rather than stabilize markets I think we could be setting up for a sudden large shudder from markets caused by extreme attempts to avoid holding worthless paper. This is the point where gold should show its worth.
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