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Thread: "Euro, gold, oil surge to record highs"

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  1. #1
    Join Date
    Mar 2003
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    Quote Originally Posted by Prada View Post
    For gold, the rise in the price of the precious metal is also because it is regarded as a safe investment in times of financial uncertainty.

    The metal has soared amid heightened fears of a potential US recession, alongside jitters over record high oil prices and rising inflation, traders said.
    The irony is overwhelming. Maybe it's time we allow for competing currencies and stop this belief that we should artificially manipulate our money supply.

  2. #2
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    Quote Originally Posted by Blome View Post
    The irony is overwhelming. Maybe it's time we allow for competing currencies and stop this belief that we should artificially manipulate our money supply.
    I was going to say the same thing. hahaha

    The answer is right in fron of our face yet we ignore it. bwahahahaha

    I also got a laugh out of this quote:

    "Dutch Finance Minister Wouter Bos struck a relaxed tone, saying: "When we created the European monetary union we wanted a strong currency, so now that we have it we should not complain."
    Won't be long now before our new currency is delivered with the BS excuse above being given as the reasoning for it.
    ***No source checks!!!***

  3. #3
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    Nov 2005
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    Quote Originally Posted by muriloninja View Post
    I was going to say the same thing. hahaha

    The answer is right in fron of our face yet we ignore it. bwahahahaha

    I also got a laugh out of this quote:



    Won't be long now before our new currency is delivered with the BS excuse above being given as the reasoning for it.
    Perhaps there may be a currency union in north america. Time will tell but there have been talks.

    Which means that the US dollars buying power is going down the shîtters...
    For now....thats what it looks like. Hence the reason some nations are dropping the US dollar

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