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  #1  
Old 26th November 2007, 09:46
webmaster webmaster is offline
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Post Why Silver Is About To Take Over For Gold

Subject:Why Silver Is About To Take Over For Gold
By: Captain Hook

Overview: The US Dollar ($) is losing its global reserve currency status, and the rate at which this is occurring is accelerating in direct proportion to easy money policy of the Fed. As with the $’s reaction to the Fed’s policy decision, any further administered rate cuts will be met with an accelerating decline in the $, along with unfavorable and opposite reactions in market rates.

Link: http://news.silverseek.com/SilverSeek/1196088383.php
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Old 26th November 2007, 23:44
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What is replacing the dollar as the global reserve during its status decline?
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Old 31st December 2007, 11:22
Swissy Swissy is offline
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I think that must be fairly obvious - the euro. It's just about the only other currency that is big enough.
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