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Jim Richter, interest rates, Gibson's Paradox and gold
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Redman
Posted 6/24/2010 19:13 (#1249238 - in reply to #1248923)
Subject: RE: The question is


SW Saskatchewan
What will the Chinese find it in their interest to do?

Drive down the price of gold- would seemingly increase the value of their USD holdings?

Maybe they are thinking that they will cut their losses on the dollar, buy gold and let the US find someone else to finance their next war.
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