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To: Toddsterpatriot
It is bad. But losing the privilege and stabilizing influence of the USD as the world's reserve currency is far worse. We need to make massive cuts in spending and stop doing business with our enemy, Communist China!
23 posted on 12/11/2006 5:48:53 PM PST by GodGunsGuts
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To: GodGunsGuts; Toddsterpatriot
Thanks for the ping Guns.  At first the issues seemed all jumbled --the trade deficit was real bad (post  2), then it wasn't so bad after all (post 23) , then it was bad again (post 38) --and what does all this have to do with the price of oil? 

Your dollar-gold chart in post 48 cleared it all up.  It's not the trade deficit or the dollar-- it's gold; you want the dollar to tank so your gold will soar.

Now, what you do with your own money is your own business, but the rest of us are not about to swallow a bunch of junk mail advertisements posing as data charts.  

We can get the daily price of gold on our own (like, from here) as well as exchange rates (sites like this one).  What we've seen is that gold went up while less dollars bought more Euros, and now gold's tanked while the dollar's gone back to normal.

OK, things may still go better for you and we sure hope they do.  In the meantime, Todd and I will play it safe watching our stock prices soar.

51 posted on 12/12/2006 4:57:42 AM PST by expat_panama
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