The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ild who wrote (43039)	10/7/2005 3:18:27 PM
From: ild	Read Replies (1) of 110194

morganstanley.com Gold is a good hedge against currency risk, not inflation. This is important for the Asian central banks, which have large holdings of reserves. Gold is an excellent hedge against GBP and JPY variability, and a pretty good hedge against USD and EUR. But the big four Asian central banks have only a little more than 1% of their reserves in gold. Any increase in their gold holdings would have significant implications for world gold prices.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next