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What the German minister is saying is the Federal Reserve is planning on printing more money and purchasing US Treasuries (asset purchases), which will devalue the greenback towards other world currencies. We will discover out for certain on November 3rd from the Fed if this is the situation.

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There is an eerie feeling for the first night of buying and selling after the G20 summit. The Nikkei marketplaces are up, but the yen is rapidly losing steam, and is close to dropping below eighty one on the yen/usd index.

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