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January 17, 2009

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K T Cat

I agree with you about gold and the dollar. I think people like Peter Schiff have it half right. The stimulus package is going to be a disaster, but he's wrong about the world fleeing from the dollar. My question for you is this: What happens when multiple Eurozone nations begin to default on their debts? It looks to me like Greece, Spain and Ireland are all in line to do this in the near future. That seems very bearish for the Euro to me.

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