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

To: Tommaso who wrote (985)	9/15/2007 2:49:55 PM
From: Box-By-The-Riviera™	Read Replies (3) \| Respond to of 71409

do you have a reference for that? i'd like to read it. tia

To: Tommaso who wrote (985)	9/15/2007 4:23:47 PM
From: Real Man	Read Replies (2) \| Respond to of 71409

Ditto. The Yen. Russia was one of the first rat CBs to leave, I mean, stop buying dollar. There are enough dollar holders inside Russia. So, as these dollars come out from under the mattrasses, the Russian CB has to buy them. Apart from that, they were buying Euro and Yes, gold. That gold was from the Russian producers, so this results in decreased supply on the World markets, rather than being a direct purchase. Nevertheless, net-net, the result is the same - withholding supply instead of increased demand.