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Re: rayfer22 post# 9899

Tuesday, 12/08/2009 5:20:36 PM

Tuesday, December 08, 2009 5:20:36 PM

Post# of 80983
rayfer22, Articles like this aren't going to help our "gold as reserve currency" thesis. At least in the short term.


I STILL see the Central Banks moving more into gold since there really aren't many other options if the US continues to hold interest rates essentially NIL while the USD continues to fall, which I think will happen at least until later in 2010.


http://www.koreaherald.co.kr/NEWKHSITE/data/html_dir/2009/12/09/200912090010.asp