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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (138986)	12/17/2001 3:40:15 PM
From: sun-tzu	Read Replies (6) \| Respond to of 436258

reason being that yen devaluation requires other countries to devalue their currency in order to maintain any semblance of competitive pricing. while the dollar remains the standard, we will stay artificially elevated. yet, we too, are in a deflationary quagmire. it's the imminent and significant yen dominoe that i feel in the short term will keep gold pinned down. gold will ramp, but only when the clowns just wake up and they realize the shit has hit the fan.