Announcement

Collapse
No announcement yet.

Surprise Dollar Revaluation??

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Surprise Dollar Revaluation??

    http://news.goldseek.com/DollarCollapse/1247638020.php

    Could it be that we have alerted our key trading partners, like China, and that's why they're accumulating so much bullion lately?

  • #2
    Re: Surprise Dollar Revaluation??

    Sapiens last year predicted a bank holiday this year (2009). Hasn't happened yet but it is only July.

    The article in question combines a lot of the more wing-nut goldbug arguments; again the question is whether there is substance or merely the speech of hammers looking for nails.

    I don't know, but I did notice this week a radical jump of $/ruble exchange rates from 31.9 to 33, then back down to 32 in a matter of 3 days - coincident with a .3% swing in the 10 year Treasury rate (under 3.3% to nearly 3.6%) at the same time. Definitely something odd is going on.

    Comment

    Working...
    X