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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.96

+0.2%

Nov 19 4:00 PM EST

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To: energyplay who wrote (66913)	10/7/2010 2:36:37 AM
From: TobagoJack	Read Replies (2) of 217892

good news, that tim gave the thumbs-up to 'smoothing' operation, seeing much merit, and is charging no one with currency manipulations, probably for fear of being counter-charged jointly with japan with ponzi monetary fraud bloomberg.com Japan Says It Won't Join Currency Devaluation Race By Hitoshi Ozawa and Kyoko Shimodoi - Oct 7, 2010 12:43 PM GMT+0800 ... “It’s not our intention to engage in a currency- devaluation race for the sake of the national interest,” Igarashi said in an interview in Tokyo today. “We could conduct smoothing operations when movements are extremely volatile, that would be permissible.” ... ... ‘Damaging Dynamic’ U.S. Treasury Secretary Timothy F. Geithner said yesterday Japan didn’t fuel international tensions when it intervened. The Treasury chief said there’s a “damaging dynamic” at work in currency markets as countries race to limit appreciation. When asked whether he thought Japan had “set the fire” for this dynamic, Geithner responded, “I don’t, no” in remarks at the Brookings Institution in Washington. Igarashi said he thinks Geithner and Noda “understand each other” on issues including currencies ...

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