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Train Guy

05/26/05 12:27 AM

#395398 RE: basserdan #394796

Beats me what is going on. I wonder where they get their monthly data from and how accurate it is. Japan stopped buying back in August and China looks like in Nov. Hm, Norway has had some sizable swings. Canada has picked up a bunch in the last year. Korea and Germany too. Say, what's Venezuela do with all the greenbacks they get? I bet you it has to do with the rise in the price of oil. The UK, Norway, Canada, and the Caribbean (ak Venezuela). It's probably what it is. Even OPEC is up in the last year, but pretty flat since Oct.

Oh, Nigeria, where's it on the list? I bet you a lot of the Nigeria and Venezuela oil money ends up in the black holes of the Caribbean. And China has been doing some big buck energy deals. That might explain it's cutting back in the last few months. And it wouldn't surprise me if some of that made it's way to the Caribbean.
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federal reserves

05/26/05 1:38 AM

#395400 RE: basserdan #394796

Caribbean buyers...???

Saudi. Recyled - Petro dollars.

Saudi is behind the conundrum.