Casino Motion Plans - Turning 10 Into Twenty
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What the German minister is saying is the Federal Reserve is planning on printing much more money and purchasing US Treasuries (asset buys), which will devalue the greenback against other world currencies. We will find out for particular on November third from the Fed if this is the situation.
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There is an eerie feeling for the initial evening of buying and selling following the G20 summit. The Nikkei markets are up, but the yen is quickly dropping steam, and is close to dropping beneath 81 on the yen/usd index.
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