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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: stan_hughes who wrote (881)9/7/2007 10:47:39 AM
From: Real Man  Respond to of 71423
 
It's caused by the Indian physical demand, which peaks in
September. Rising lease rates
indicate the futures shorts have to deliver -g- The Physical
market is the main driver for gold.



To: stan_hughes who wrote (881)9/8/2007 6:25:19 PM
From: Real Man  Read Replies (1) | Respond to of 71423
 
"A sharp drop in foreign holdings of US Treasury bonds over
the last five weeks has raised concerns that China is quietly
withdrawing its funds from the United States, leaving the
dollar increasingly vulnerable."

"Data released by the New York Federal Reserve shows that
foreign central banks have cut their stash of US Treasuries by
$48bn since late July, with falls of $32bn in the last two
weeks alone."

telegraph.co.uk