gold may rise as dollar falls, oil price rallies

  1. 22,691 Posts.
    http://quote.bloomberg.com/apps/news?pid=10000086&sid=a7EbD1z7VwLQ

    Extract:

    Financing Debt

    "International investor demand for U.S. government debt, stocks and other securities in May was the slowest since October, at a net $56.4 billion, the Treasury Department said on Friday.

    The dollar fell on the report, signaling the U.S. may have difficulty attracting enough capital to finance the nation's debts to holders overseas"


    As predicted for some time now.

    Gerry


 
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