I assume you saw Fleckenstein's comments today re the BOJ possibly buying gold? ---------------------------------------------------------------
Hi Public Heel, No I didn't, but I did post an early Reuters thingy re BOJ Minister Tanigaki saying the the BOJ was considering reviewing their present forex reserves allocations, including that of gold. #msg-2236159
Was Flecks commentary at his sub site or in the public domain?
Do you, by chance or design, have a link you can share?
shouldn't they be buying our huge trading debt and our huge budget deficit. was Greenspan aware of this when he mentioned that rates may start going up before our jobless recovery filters down to the jobless.
If Japan had bought gold instead of US debt/dollars this year could this market have rallied. Next, if we see an oil country wanting to be paid in Euros RUN FOR THE HILLS. Forget the lunch tactics