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

To: carranza2 who wrote (26646)	12/18/2007 9:59:04 AM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 221521

in a competitive devaluation of fiat currency, gold appreciates against them all- I don't see how this will be good for gold

To: carranza2 who wrote (26646)	12/18/2007 12:37:04 PM
From: Riskmgmt	Read Replies (1) \| Respond to of 221521

>>Ben is a piker compared to the ECB.<< Not sure about that, his response maybe; I'll match your 500 billion and raise 500 billion more, they don't call me Helicopter Ben for nothing!! On a serious note though, I think it gives an indication of how seriously the ECB takes the liquidity problems and signals their willingness to do whatever it takes. It is going to make it much easier on the FED and the politicians to do the same or follow a similar path. I have always thought that when push comes to shove the politicos will always revert to printing/inflation, until it fails to work, which I hope is a long way off. regards, Ray

To: carranza2 who wrote (26646)	12/18/2007 2:59:52 PM
From: Cogito Ergo Sum	Respond to of 221521

Crusader beat me to the punch... isn't that what the gold bugs have been waiting for ? The Black Swan