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10:29 AM
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Direct from a Confidential report: REGARDING GOLD! And other INFO
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[quote:Anonymous Coward 552443:MV83NzI2NjdfMTE4ODM3MTFfQjlBRDBCRjE=] 3. Foreign Exchange Risks: Facing an unprecedented situation Corporate treasurers and financial directors should prepare for a period of high volatility in terms of risk. The second half of 2009, with the failure of the international monetary system and the beginning of the post-Dollar era, will certainly be a period of unprecedented currency volatility in decades. Both suppliers and customers will experience unpredictable changes. Three parameters will therefore be volatile: the parity of the invoicing currency, as well as the currency of the importer and the currency of the customer. All concerned companies should quickly make simulations involving atypical variations up to 1 Euro = 2 USD or 1 USD = 5 Yuan ... and draw conclusions regarding orders, suppliers and markets. The chronic instability which will prevail in the absence of a new stable system (resulting from the G20’s incapacity to discuss the key problems) also requires not making decisions with a commitment beyond six months. [/quote]
Original Message
"The monetary storm coming by the end
of summer 2009 may encourage governments to exchange their foreign currency reserves, particularly
U.S. dollars, for gold.
Unfortunately I cannot divulge the remainder of the report, it is 23 pages long and very valuable.
I will GLADLY post bits of this info if this thread gets PINNED..
[
link to thecomingdepression.blogspot.com
]
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