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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Henry Volquardsen who wrote (1217)	2/3/1999 7:37:00 PM
From: Thomas M.	Read Replies (1) of 3536

... There really is no rational reason why the central banks would wan't to depress gold ... There most certainly is a rational reason for it. Gold is the most widely watched indicator of currency debasement. It is a symbol of central bankers credibility, a symbol of the credibility of fiat money. Tom

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