GREY:HRIVF - Post by User
Post by
jeffkwondoon Dec 10, 2009 11:25pm
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Post# 16576328
Gold will be OK
Gold will be OKPresident Dmitry Medvedev has blamed the global financial crisis onan over- reliance on the U.S. currencyRussia to Buy Canadian Dollars, Mulls More Currencies. Russia’s central bankwill add Canadian dollars to its reserves and may include more currencies as itseeks to reduce its dependence on the U.S dollar.Dollar Slump Persisting as TopAnalysts See No Bottom. The most accurate dollar forecasters predict the world’sreserve currency will continue sliding even when the Federal Reserve begins toraise interest rates, which policy makers say is an “extended period” away.$4.8 trillion Interest on U.S. debt.