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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (49121)1/8/2006 11:07:43 PM
From: Claude Cormier  Read Replies (1) | Respond to of 110194
 
No simply because those owning it would prefer to exchange it against another monetary unit that is not likely to lose it value.

That is why China has said it would think of reorganizing its foreign reserves and possibly buy more gold. That is why Russia and other countries are doing it.