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Realizing the Fraud of Economic Recovery

November 10th, 2009 by The Daily Reckoning Filed under Featured, Feeds, Free Republic, Politics.[0 views]
Realizing the Fraud of Economic Recovery By Bill Bonner 11/10/09 Montevideo, Uruguay – The Dow rose 200 points yesterday, bringing it only about 75 points below the 10,300 level. Why is the 10,300 mark important? It’s not really…it’s just the point where this bounce will equal the bounce following the crash of ’29. No reason in particular that this bounce should be the same as the one 80 years ago. But no reason it shouldn’t either. Gold rises with the stock market. The yellow metal hit a new record over $1,100 yesterday. Why is that that important? Well, it’s not...

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