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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: Cogito Ergo Sum who wrote (66431)7/24/2009 7:45:08 AM
From: tyc:>  Read Replies (1) of 78416
 
Shows total reserves of 41.7 bn of which only 18.5 bn are not already US$. When one talks about buying dollars it is surely only the latter figure (18.5 bn) that is available, I would think. Pretty ambitious to talk about supporting the USD exchange rate with that kind of war-chest eh ? I guess they might look for help to other nations with similar goals, though.

It's really beyond me, so I'll just follow the market leads.
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