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Well Wacko Jacko,as if they had any real...

  1. Allanh
    1,138 Posts.
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    19/03/09
    06:00
    Post #: 4919476
    Well Wacko Jacko,

    as if they had any real choice.


    http://www.bloomberg.com/apps/news?pid=20601087&sid=aB32nn3eSCts&refer=home

    Dollar Sinks as Fed Says It Will Buy Longer-Term Treasuries

    By Molly Seltzer and Ye Xie

    March 18 (Bloomberg) -- The dollar fell against the euro as the Federal Reserve said it will purchase $300 billion of longer-term Treasuries, spurring speculation the central bank is debasing the currency.

    ''''''

    People are looking for some real value and it ain't going to br US$

    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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