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FinancialAdvisor

05/13/06 3:06 AM

#12145 RE: Bullwinkle #12144

People all over the world are buying $GOLD in exchange for their currency or Federal Reserve Notes... of course in the background we have what appears to be a Federal Reserve raising rates to "tame inflation"...

But under such circumstances, "inflation" will NEVER be tamed as the currency used to determine such inflation is bankrupt...

On a side note, I think the United States coinage going to a cheaper metal or even being abandoned altogether will add even more pressure on an already fledging note!...

Bottom line, a lot of ducks are lined up for the trend to continue, and as an American citizen who uses these Notes to pay for daily living concerns, I'm definitely going to grow increasingly concerned if I see the USD Index break to an all-time low by the end of the summer!!!