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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Kailash who wrote (47562)	1/27/2000 10:00:00 AM
From: lorne	Respond to of 116762

U.S. dollar Dethroned " What we are witnessing is the death of the dollar as we know it. This is a chess game where the loser's currency devalues greatly. All the moves from all corners of the world are centered around gold, the dollar/IMF, and the new Euro currency. This is the Achilles' heel of our new-age bubble economy that will blind-side most Americans when they wake up and see gold revalued 20 or more times higher. They will ask, "Where did that come from? I thought gold was dead." The answers we get will miss the point. Perhaps it will be blamed on Y2K or on hoarders or LTCM or hedge funds or derivatives. The correct answer is (and remember this) currency needs a basis of discipline that will prevent money from being printed, credit being created out of thin air as the dollar has been since 1971. That is why the Euro is backed by 15% gold valued at market. In 1971, " full story >>> gold-eagle.com