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what is interesting to watch is how fast investors are bailing out of gold and flocking to the safety of the good ole US dollar!
St. Petersburg Governor Valentina Matviyenko officially confirmed that Sergei Tarasov, the board chairman of the Russian Federal Road Agency (Rosavtodor) and a former Federation Council member representing St. Petersburg, and Russian Federal Reserve Agency (Rosreserve) chief Boris Yevstratikov were killed in the crash of the Nevsky Express train on the evening of November 27.
Originally posted by HimWhoHathAnEar
reply to post by GreenBicMan
Not anymore it isn't. That's why the effects were temporary. They only reflect the movements of panicked herds of sheep in the US.
Gold has the Beijing Put under it, thus the stair step pattern of late. All price drops will be used to pick up more real money (gold). They're not interested in americas debt anymore.
I think you're viewing things from 'the way it used to be'. America's Debt is by no means the 'safest thing around'. We need to be Learner's, not Learn(ed). Change is the only constant.
Where do you think they will go?? Citi? BAC?