me - I'm tuned into the Chinese
and here's our mate Jim quoting Zhu Min:
http://jsmineset.com/
"When the U.S. has to fund its deficit through the combination of issuing more Treasuries and printing more dollars, it is inevitable that the dollar will continue to weaken, Deputy Governor Zhu said at a forum in Beijing today."
I rather like the idea I read somewhere that the Chinese are happy to play Fed games (as in listen to what inscrutable chinese party goldbug official say) to lower the POG before buying again (?IMF gold)
anyway as someone hanging on grimly to his spec portfolio from 2 months ago (I'm still ahead!) ... thats my story and I'm sticking to it ... good time to buy Oz gold shares now I would think on a risk reward basis with all this gloom around as I detect a whiff of sentiment change as in buy gold AND gold shares in currencies other than the USD?
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