RE: RE: Calm before the storm?russia , brazil ,venazuela and others are holding way to many US $"s and will soon follow India and buy tons (literally) of gold in order to get rid of their US $'s.
That's the theory...but it's also the very reason why those countries don't want the US dollar devalued...they have way more US dollars than the gold they could buy...I'm starting to buy in to the idea that the gold price is, in fact, being held down artificially. Maybe this delay will work out better for CYP....gold is fighting to go higher...
Thanks for the update, resman...Cheers