GPG and Truecrypt don't have to be “installed” but can be used directly
from USB drive, sure.

But: If you have sensitive data on your USB drive you never ever should
decrypt them on a foreign PC, in an Internet café etc. because you
cannot trust them at all (keylogger, spyware etc.)

Call me paranoid but I distrust any Windows PC (and any other PC that is
under control of a talented Linux guy) and I would never enter any
sensitive password on them (neither web mail nor ssh nor crypted USB
drives etc.)

Lars R.

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