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,Definitely enjoyed the responses.Current economic hard times are leading many to latch on to economic ideas that frankly make no logical sense and were discarded in the past for good reason.monetary system to the gold standard.A return to the gold standard would mean each dollar is backed by a fixed amount of gold.The dollar could be circulated with gold coins, or more practically with paper dollars redeemable at any time in a fixed amount of gold.has used multiple monetary systems in its history, most based on silver and some based on silver and gold.continued to defend the dollar versus gold.
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,The manufacturer, prior to emigrating, should examine or re-examine their entire operation and approach domestic suppliers and their labor force with sincerity toward turning-out a superior, cost-effective, marketable product; and if it would also dictate scaling-down the benefits and wage of the hierarchy, then so be it.Another component of the bailout program is to provide the middle and lower income classes with tax breaks-recognizing that these are the populous that do the bulk of the spending in this economy.I appreciate this gesture because it's not actually cash that the government is pulling out of its wallet; it's more like the government's conceding that these are funds that will never reach the federal purse.
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,In the last analysis, financial hurt ratio for everyone will go up.Overall, we probably have 45 days on the short-term issue and at most a year or two on the longer-term issue.Hopefully, cooler heads will prevail on addressing our complicated economic issues, but the question is when.If it doesn't happen soon, the longer it's pushed off, the higher the probability of slow economic growth and the potential for a double-dip recession.People have to make haste quickly.It's economic showtime.The recent sell-off since the results of the presidential election are largely due to the uncertainty over the level of tax rates for capital gains -- namely the current 15 percent versus the proposed 23.5 percent.
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,This year, demand for diesel has been anemic, due to the global economic contraction, and the emphasis is back on producing gasoline.Infrastructure (roads) calls for asphalt, not something all refineries can produce.gasoline.According to information provided by Tesoro on industry differentials, crack spreads in the East Coast, Gulf Coast and Mid Continent areas have suffered more than the West Coast and Pacific Northwest.According to CEO Bruce Smith, they have about 300 million of such projects on the shelf, and plan to do them with capital generated by operations.However, the company recently completed a debt offering of 300 million.
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,In contrast, the hoi polloi trade PALL shares in the secondary market on a cash-for-shares basis, just like regular stock.Since April 14, the trust's ingot and plate holdings have increased by more than 29 percent:PALL Closing Prices and HoldingsPalladium inventory levels represent the potential for future wholesale share transactions.Nearby futures prices peaked on April 26 near $574 and broke to the downside to test the metal's 200-day moving average at the $398 level.Since then, prices have recovered to hold above the 10-day moving average at $445.There's still a millstone palladium's neck.
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