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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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I don't like chasing asset classes.
The Federal Reserve is embarking on PRINTING MONEY as in more USD to BUY TREASURIES which pay virtually no interest.
SO with MORE USD in circulation than before with no real increase in the size of the economy or productivity to warrant that increase in the # of USD does one think that the value of the USD is going to go up or down...If down than the underlying price of commodities will go up. including Gold.
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"Some Observer"
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