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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (22303)1/19/2005 6:28:05 PM
From: sea_urchin  Read Replies (1) | Respond to of 80915
 
> the USD will now get stronger for a while

But Warren Buffett is gloomy as usual about its prospects

sg.news.yahoo.com

>>The dollar cannot avoid further declines against other major currencies unless the US trade and current account deficits improve, legendary investor and businessman Warren Buffett said.

"I think, over time, unless we have a major change in trade policies, I don't see how the dollar avoids going down," the world's second-richest individual told CNBC television.

"I don't know when it happens. I don't have any idea whether it will be this month or this year or next year, but we are force-feeding dollars on to the rest of the world at the rate of close to a couple billion dollars a day, and that's going to weigh on the dollar."<<



To: sea_urchin who wrote (22303)2/8/2005 2:34:09 PM
From: sea_urchin  Read Replies (1) | Respond to of 80915
 
Critical point in the life of the XAU as the index touches the "support line" for the sixth time in four years

img.photobucket.com