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Hecla Mining Co. Message Board

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  • apostate_001 apostate_001 Nov 11, 2008 12:46 PM Flag

    Undervalued--Strong Buy

    Yesterday, China announced a 600B infusion into its economy.

    Question: where can China's government get that money?
    One Probable Answer: Sell off US Bonds in its reserves.

    If this answer is correct, that could be a very sharp needle in the current bubble in US Bonds (i.e., in the value of the US Dollar).

 
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