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Weiss
Weiss Posts: 9,942 ✭✭✭✭✭
in Precious Metals
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We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame

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  • gecko109
    gecko109 Posts: 8,231 ✭
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    Blah!



    Edited to add: Bought 3 quarters yesterday for $750image
  • roadrunner
    roadrunner Posts: 28,374 ✭✭✭✭✭
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    US Dollar Index fell off the cliff. Looking for support somewhere in the 80 range.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • fc
    fc Posts: 12,805 ✭✭✭
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    zoom zoom!
  • SportsModerator
    SportsModerator Posts: 1,624 mod
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    << <i>US Dollar Index fell off the cliff. Looking for support somewhere in the 80 range.

    roadrunner >>



    Then the 70's

    Then the 60's

    Interesting times in which we live

    Forum AdministratorPSA & PSA/DNA ForumModerator@collectors.com | p 800.325.1121 | PSAcard.com

  • Weiss
    Weiss Posts: 9,942 ✭✭✭✭✭
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    Russia Dumps the U.S. Dollar for Euro as Reserve Currency

    May 19, 2009 - 07:37 PM

    By: Pravda

    Currencies

    The US dollar is not Russia’s basic reserve currency anymore. The euro-based share of reserve assets of Russia’s Central Bank increased to the level of 47.5 percent as of January 1, 2009 and exceeded the investments in dollar assets, which made up 41.5 percent, The Vedomosti newspaper wrote.

    http://www.marketoracle.co.uk/Article10755.html
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • carew4me
    carew4me Posts: 3,667 ✭✭✭✭
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    It has begun...

    Loves me some shiny!

    “Often wrong, but never in doubt.”
  • 57loaded
    57loaded Posts: 4,967 ✭✭✭
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    << <i>Russia Dumps the U.S. Dollar for Euro as Reserve Currency

    May 19, 2009 - 07:37 PM

    By: Pravda

    Currencies

    The US dollar is not Russia’s basic reserve currency anymore. The euro-based share of reserve assets of Russia’s Central Bank increased to the level of 47.5 percent as of January 1, 2009 and exceeded the investments in dollar assets, which made up 41.5 percent, The Vedomosti newspaper wrote.

    http://www.marketoracle.co.uk/Article10755.html >>



    that is a frickin' huge barometer.
    wait until OPEC wants Euros instead and Yuan

    barron's article

    this may have already been linked from goldseek
  • MoneyLA
    MoneyLA Posts: 1,825 ✭
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    Ya know... we've been here before, only to have the gold rally end at about $1,000 an ounce. We are merely in a trading range, until there is a breakout. We have already had two rally failures at the $1,000 level. Why not a third rally failure?

    Yeah, I'd like to see a break out. But I would like to see a break out FIRST before I get excited about the recent rally.

    And there will be plenty of time to buy gold if there is a breakout, with plenty of profit potential after the breakout.

    To quote Stan Weinstein: "buy high and sell higher."
    Cheers, Alan Mendelson
    www.AlanBestBuys.com
    www.VegasBestBuys.com

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