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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.95+0.1%Dec 30 4:00 PM EST

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To: pezz who wrote (52653)7/29/2009 3:36:41 AM
From: TobagoJack  Read Replies (5) of 218852
 
hello pezz, today's report:

(i) have largely retreated from different currencies except gold back to the usd-pegged hkd, claiming profit certainly, but mainly to preserve capital, even as hkd printing is keeping pace with both the usd to which it is pegged, as well as the rmb, to which it is a neighbor

(ii) unrelated to my above (i), and certainly not the original motivation for the mentioned currency shifts, the china share index fell by as much as -7+%. it may or may not be china specific, but i only intend to find out by watching

(iii) given above (i) in light of (ii), i figure it is just as well that i retreat to usd-flavored hkd and also remain in gold, for if we are to replay 2008 Q4, i wish to be taught a different lesson as opposed to exactly the same lesson

cheers, tj
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