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To: Oldeconomybuyer
Naw. All that's happened is a bunch of rich Arabs are scared to death they'll be dragged out by mobs and murdered. The Chinese government let Chinese buy gold last year ~ so they bought gold. They don't care. China has a long history of going through all sorts of disasters that throw the broad masses back on their resources ~ mostly to buy off the new warlord's troops ~ then stuff slowly returns to normal.

Indian people have a history comparable to that of the Chinese and they are also buying gold.

So, that gives us half the people in the world preparing for imminent economic disaster, and the richest people in the world preparing to bug out to "Europe" and "America" ~ 'cause that's where their gold is!

It's hard to figure out what's happening to the "dollar" in all that because this is what's happening to the "over seas dollar".

Maybe a reference to Portuguese, Belgian and Spanish economic history in the 1600 - 1800 period might be in order.

The Spanish Milled Dollar continues to have strong value in the open market.

6 posted on 04/24/2011 6:03:15 AM PDT by muawiyah
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To: muawiyah

The Pillar Dollar. The Cobs. They still have worth. Pieces of eight. Doubloons!


12 posted on 04/24/2011 6:40:42 AM PDT by screaminsunshine (Shut up and eat your Beans!)
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