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

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: elmatador who wrote (73300)	4/18/2011 4:54:26 PM
From: Maurice Winn	1 Recommendation Read Replies (1) of 217573

Very interesting: < China, New Zealand agree 4-billion-US-dollar currency swap Apr 18, 2011, 9:56 GMT Beijing - The central banks of China and New Zealand have signed a currency swap agreement worth nearly 4 billion US dollars over the next three years, the Chinese bank said on Monday. > Prime Minister John Key was a currency trader and very successful at it. That will assuredly be a good deal for NZ. China is no doubt keen to unload a stack of US$ too, while deepening ties to places like NZ. We non-Maori New Zealanders are the new Maoris. We are selling our country cheaply to the rich foreigners who are taking over, dumping our culture and replacing it with theirs. Shorting NZ$ is a very good move. Now about US80c vs NZ$1. While USA has problems, NZ has big ones involving umpty$billion of borrowed money. Borrow and Hope has been the NZ way in the 21st century. People will relearn, harshly, the age-old precepts of VVV. Mqurice

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