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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (89589)11/2/2008 7:59:54 PM
From: Sunny Jim  Read Replies (2) of 116555
 
Mish, I have a question regarding FDR's devaluation in 1933. Does this refer to his abandoning the gold standard and increasing the price of gold from $20.67 to $35 per ounce? My second question is, if there was a specific currency devaluation today by either the FED or the President, what form would it take?

Thanks for any insights.
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