Platitudes and the same old BS "talking with officials at the highest levels" just ain't gonna cut it anymore.
Jim Sinclair’s Commentary
First China/Brazil and now China/Russia. The dollar rally is going to run into real problems.
The set up is perfect. The 2nd week of June is coming up with a target for the big lift off in the 3rd. $1650 is a minimum for this phase. Alf thinks an overrun could be double that $1650.
Good luck to the Goons. Their window of opportunity, if the Goons have one, is in the next 2 weeks ONLY.
Russia, China should dump dollar in trade - Medvedev
Fri Jun 5, 2009 3:07pm IST
MOSCOW (Reuters) - Russia and China should consider switching to domestic currencies in bilateral trade without going to the dollar, Russia’s president Dmitry Medvedev said in an interview with Kommersant daily published on Friday.