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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Jim Willie CB who wrote (6919)2/4/2004 12:11:50 PM
From: BubbaFred  Read Replies (3) of 110194
 
JCB - Does EU want the euro to be the world's reserve currency, replacing U$D? If so, what advantage does it have? Ability to print more debt notes just like US is doing?

But one or two of the ECBs have been reducing (selling) the gold reserves which usually weaken the currency.

I don't have good picture on this.

Fred
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