russell's latest, page-2

  1. datasponge
    1,635 Posts.
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    10/12/03
    13:49
    Post #: 325497

    Doesn't he realise that the Chinese currency is pegged to the US, so they are not loosing anything from the $USD decline?

    The rise in gold prices recently is purely due to geopolitical concerns. Russell is probably taking his $175 subscription fee and investing in 10 year U.S. Treasury bonds.

    Cheers
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