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Friday, 03/12/2010 2:13:51 PM

Friday, March 12, 2010 2:13:51 PM

Post# of 607
Aero


The thing that you are still not understanding is that all if not the majority of nations free floating currency is held in banks and by large corporations. The average citizens do not hold the majority. So the banks and corporations play the currency to their advantage. Do you think it was chance Kuwait decided to no longer be pegged to the dollar. The entire middle east is on the verge of if you will getting married. They have what everyone wants, oil. It's almost like what Southwest did hedging oil. I think we will see a new currency in the middle east. Taking over Iraq was our way of ensuring cheap oil. Call it conspiracy or whatever you like but it's the truth. Now at some point the US is going to have to cave in a little and let the IQD rise and rise sharply in order to keep tensions down. More and more countries are looking to no longer be pegged to the US dollar as it has crumbled. Why do you think there is still talks of a union of currency in North and south america. They are leaning towards a 1 world currency. The one who doesn't want this is China. They will keep there currency as low as possible to continue to gain a foothold on the current market and then bam one day they will revalue and still own the market before the world wide conversion.

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