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| | Kitco - Contributed Commentaries |
 | | Because the currency system is founded on confidence, each currency would have to have a sort of confidence gauge, to guide recipients of those currencies, not only for oil, but on any transaction using a currency anywhere in the world. |
 | | A currency collapse in Europe or even the Middle and Far East will be a repeat of the past, so the adjustment to the new currency regime will be smoother and less traumatic. |
 | | In the States where confidence in the country, the system and the currency is far higher than anywhere else in the world, the fall from grace of the $ will be extremely traumatic and disruptive, if and when it comes. |
| www.kitco.com /ind/AuthenticMoney/apr272006.html (1863 words) |
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