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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Thomas M. who wrote (1225)2/4/1999 9:24:00 AM
From: Henry Volquardsen  Read Replies (1) of 3536
 
Nonsense.

It only holds that status to gold bugs and similar fanatics.

Gold held that status when the markets were less sophisticated. Now it is just one more commodity to be monitored. It is not money. The market has plenty of tools and information to use in monitoring central bank credibility.

Henry
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