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News Link • Currencies

Kyle Bass October 2009 Investor Letter: Currencies are being Debased, likes Precious Metals

• Commodity Trader Alert
 Bass sees global currency printing leading to inflation and currency debasement.  He sees this happening faster than past cylces mainly because of the size and scope of the current coordinated global efforts.  They have numerous rate positions to reflect their views.  Bass also has a portion of their portfolio allocated to precious metals and is seeking unique opportunities in natural resources.  Read the full letter:

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