Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: philv who wrote (24379)	5/24/2006 6:52:20 PM
From: sea_urchin	Read Replies (1) of 81157

Phil > OECD warns rebalancing of US deficit may drive dollar down sharply Don't forget if they can kill the gold price, which of course is a proxy for all commodities, they can restore confidence in the dollar -- and at lower interest rates, which has to be in order to protect the buying power of the US consumer. Likewise, they can kill the Euro, which actually won't take much killing and the yen, as we know, is always ready to lie down and die. Thus the printing game can continue and willing buyers will always be found for the debt because the dollar will still be almighty -- even though the emperor has no clothes. technicalindicators.com >>Although a gain of $16 would normally help the indicators, the short term indicators continue to turn down. Gold had a range of more than $90 in the past 2 weeks, so today's [Tuesday] recovery is minor and not yet significant. Practically all the indicators (with only minor exception) are pointing downward and not yet near oversold, suggesting the potential for further decline.<<

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