Friday 21 September 2007

Gold and the Dollar

Looks as if the gold train has left the station. The image says it all! The Dollar is sinking well below its historic low of .80. It appears the FED wants a managed decline of the Dollar. But will it get it?

INO.COM: Latest Dollar price

If the media was reporting it properly there would be talk of a currency crisis. Currently all the major currencies are falling in value against gold. That's the BIG story.

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About Me

I teach Film, Media and English Lit.