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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (25657)11/16/2006 7:48:52 AM
From: John McCarthy  Read Replies (1) | Respond to of 78416
 
Hi Koan

THANKS for posting this .....

Sooner (more than Later) .....
somebody's gonna punt ....

been looking for something like this along time.

regards,
John

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Rubin, Volcker Say Foreign Investors Won't Keep Buying Dollars
2006-11-15 00:01 (New York)
Nov. 15 (Bloomberg) -- Robert E. Rubin, the longest-serving Treasury secretary under former President Bill Clinton, and former Federal Reserve Chairman Paul Volcker said foreign investors probably won't keep increasing their dollar holdings,< raising the risk of a slump in the U.S. currency.

Failure by the U.S. government to shrink its budget deficit may spook the central banks, hedge funds and others who have been buying Treasuries, Rubin said. Volcker said the U.S. borrowing requirements raise the risk of a ``crisis'' in the dollar as soon as the next two and a half years.
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