The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Tommaso who wrote (4228)	2/12/2008 2:34:14 PM
From: Real Man	Read Replies (1) of 71456

The Fed will keep rates low for some time again and is not concerned about its reputation and all the moral hazard this may produce, she said. <g> Hmmm... and I was HOPING that a dip in gold will last until Mid-April. Probably enough spec longs to get us there, but the wild bunch may also take delivery. China and Russia have been buying. Russia is buying internally, so this just means taking production off the table... The same thing. Did you know Chinese gold reserves are now almost the same as ECB's? A bit less. Of course, some European central banks still hold a bunch too.

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