"These investors are waiting for U.S. President Barack Obama’s financial reforms to take hold of the crippled economy. The sheikhs will be the first to sell their gold, as they need urgent cash to cover their budget deficits at home. Next, the hedge funds will dump their gold in favor of stocks and other deals. Gold will hit US$700 per ounce at lightning speed from its current status hovering around the US$1,000 mark."
Have they fixed the problem with thier so called financial reforms or have they delayed the worst to come.... as what attempt No. is this that they have had a crack at Now, why was it that the first attemt did not work, they underestimated the problem, IMO the problem is still underestimated ... is this the last ditch attempt before the edge of a cliff
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