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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (105741)12/15/2011 2:02:33 AM
From: ChinuSFO  Read Replies (1) | Respond to of 149317
 
The dollar is shooting up against all world currencies. This is surely going to hurt US exports.



To: koan who wrote (105741)12/15/2011 10:25:53 AM
From: RetiredNow  Respond to of 149317
 
Commodities of all sorts including copper, not just gold, are collapsing, because they are starting to price in a global economic downturn. Once that is priced in and all the massive credit accommodation starts to make its way into the real economy, that will spark massive inflation, which will blow out the gold balloon again.

I don't own any gold. I don't like it as an investment. It's not a productive asset, so that excludes it from my general investment philosophy.


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