The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Secret_Agent_Man who wrote (14647)	11/18/2008 7:08:22 PM
From: Real Man	1 Recommendation Read Replies (2) of 71456

That's about 60% of all comex gold, including registered, bot in physical market. Iran reportedly converting all its 80 billion in foreign currency reserves into gold. If true, that's north of 3000 tons. Gonna dwarf all CB selling and fully cover 1 year of mining supply, etc. I think those pesky iranians get the picture, gold price suppression as a tool for USD acceptance. They are very pissed at this administration, it was not kind to a lot of foreigners, and almost started a war in Iran. I view them as pretty peaceful folks, US propaganda machine notwithstanding, with the goal of these nuke reports to avert US invasion for OIL! jessescrossroadscafe.blogspot.com

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