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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: RJA_ who wrote (6333)	5/13/2006 1:57:12 PM
From: energyplay	Read Replies (1) \| Respond to of 217835

Congratulations, you have won ! "Are ALL central banks trashing the savings of those who save in their currencies?" YES. If you want to SAVE something, consider metals, real estate, oil, gas and coal. If you are old enough to remember the late 1970s, it is the same movie. I plan to go shopping for bell bottom pants this afternoon. "Are we essentially seeing no stability in ANY currency?" I expect several currenices to be able to arrange a contolled, graceful decline. USD not one of them. The Canada and Australia increase are likely related to 1) higher commodity prices and 2) people like us moving wealth into those currencies. Rather than have the value of the Aussie dollar bid up, more Aussie dollar get created to satisfy foreign demand.