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If Argentina's central bank makes a public statement that it...

  1. 157 Posts.

    If Argentina's central bank makes a public statement that it wants to increase gold reserves to bolster its imunity against a "financial crisis", then clearly it sees one coming...scary stuff ?.... no we know it is coming.

    Furthermore, think about this statement today!;when he talks about Gold:

    ``It shows a growing lack of respect for all currencies,'' said Dennis Gartman, an economist and editor of the Gartman Letter. ``You can't have a bull market in gold until it starts going up in all currencies, and that's what it's doing now.''

    Let me say that a major crack in the global financial structure is now leaking into the public areana. Its not a guessing game any more. The pot is boiling again, my guess is Greenspan will put a cover on it next week, be it only temporarily. Is there another choice, clerly no.

    Cheers
    Zackman
 
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