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To: GodGunsGuts; Toddsterpatriot

"Greenspan sees a sinking dollar"

This may be bad news for long-bond bag-holders but it's excellent news for those who own real assets, not fiat paper!

Don't you think so, Toddster?

Buy gold stocks! ;^)


31 posted on 12/12/2006 10:51:46 AM PST by headsonpikes (Genocide is the highest sacrament of socialism.)
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To: headsonpikes
This may be bad news for long-bond bag-holders but it's excellent news for those who own real assets, not fiat paper!

Or non-dollar denominated assets. Remember, Greenspan thought the market was overpriced, almost exactly 10 years ago, when the Dow was around 6400, the Nasdaq was about 1250 and the S&P 500 was about 740. Just because he sees a sinking dollar doesn't mean he's right.

33 posted on 12/12/2006 11:20:57 AM PST by Toddsterpatriot (If you agree with EPI, you're not a conservative!)
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