OXR oxiana limited

gold to rally - jpn to commit double suicide, page-6

  1. 678 Posts.
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    We are all committing suicide. This sort of intervention proves how ruined the fiat system is. The USD is toast

    Buy gold!!!!!!!

    Dollar Gains Against Yen After Yomiuri Report on Currency Sales
    Jan. 19 (Bloomberg) -- The dollar rose against the yen for a third day in four in London after the Yomiuri newspaper reported Japan sold more than 6 trillion yen ($56 billion) so far this month, more than a quarter of last year's total.

    ``I wouldn't be surprised if this figure is close to the mark,'' said Steve Barrow, a currency strategist in London at Bear Stearns Cos. in a televised interview with Bloomberg News. ``Japan have given every indication they can continue to do this forever; in theory can do so to an unlimited extent.''

    The dollar gained against the euro on speculation European finance ministers meeting later today in Brussels will express concern that the single currency's rise poses a risk to the region's economic recovery.
    http://quote.bloomberg.com/apps/news?pid=10000080&sid=aSdT1EaB7CGo&refer=asia
 
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