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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (25481)	4/11/2005 10:49:23 AM
From: TH	Respond to of 60903

TSL, Thanks for all that effort. I owe you at LEAST a drink or five. GT TH

To: TheSlowLane who wrote (25481)	4/11/2005 2:23:22 PM
From: yard_man	Respond to of 60903

this was good -- and not just because I agree with it <g> >>Gold is not any kind of bet on the Chinese and Indian economies or for that matter much of a bet on theUSeconomy. It’s a bet that the Dollar is going to go down. And the Dollar will go down if we have a revaluation of the Chinese and Japanese currencies or if there’s a perception that the US is sliding into recession, in which case the reason for being in a weak currency country with a gigantic current account deficit is taken away on the basis that it’s still the best country to invest in. So, the gold story is, I would argue, has to be judged on its own rather than just as a “commodity story”. <<