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Politics : The Obama - Clinton Disaster

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To: GROUND ZERO™ who wrote (5359)1/23/2009 12:09:08 PM
From: DuckTapeSunroof  Read Replies (1) of 103300
 
"1) The dollar will eventually weaken against the euro because of so much printing of the dollar, and"

(And... if ALL the world's major economic blocs --- Europe and North America and Asia too --- ALL run their printing presses?)

"2) The gold market has decoupled from the dollar, it is now moving higher despite a firmer dollar..."

Gold is still down for '09 thus far (and lost some 28% last year....) Some of the 'Big Boyz' really do not want to see a gold break-out... and the gold markets are small enough that manipulation is possible.

"By the way, why do you suppose the bond market is now breaking?"

'Cause it's had a HUGE panic-fed run-up... and the panic is starting to (finally) ebb... and bond investors are beginning to wonder what the heck would make a 20 year bond paying all of 2.2% yield such an all-fired great investment?
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