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tigertrader

06/23/09 10:00 PM

#3162 RE: dwalrus #3161

What I'm saying is, that a regular cup of coffee at Starbucks is going to cost you $25.00, that the next global financial crisis, will be an international currency crisis, and that you really don't want to own any currency, especially a fiat currency. Inevitably, the IMF or the BIS, or both, will try to step in and exert it's influence internationally, much in the way the Fed does their thing here in the U.S. That leaves you with wanting to own gold, other precious metals, and commodities, and continue to be short treasuries.