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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (15983)	4/7/2011 10:00:26 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 119362

‘Gold's advance to super cycle indicates demise of dollar, collapse of economy’ A Standard chartered Bank report on Thursday said dollar will further weaken against the Chinese yuan and Indian rupee. Synder blames the quantitative easing for the loss of dollar value. He says the policy of pumping huge amounts of money into the financial system is highly inflationary and a form of cheating. He says it is "like playing Monopoly with someone that reaches under the table and pulls out a bunch of extra money when they are almost broke." "The U.S. has been running trillion dollar deficits for several years now, and this has created a lot of new money." And he says the rest of the world is now seriously doubting the sustainability of U.S. government debt. And this is reflecting in the commodities boom. ibtimes.com quotes.ino.com