The plot thickens, unfolds, transforms, mutates and creeps on against all reason. We see that the Chinese, with all their bluster about the U.S., purchased over $70 billion US bonds last month. Now, this is an interim process to keep the Yaun down in order to stimulate exports. But wait, China has purchased over 2000 tons of gold over the last two years. You don't suppose the U.S. is selling (other people's) cheap gold for favours do you? Well, we all knew this didn't we? I saw a guy named 'Acker' (Acker the Arrogant) on BNN yesterday smugly dismiss any concern about the strength of the $US saying he sees it strong over the next 3 years. What does this investment 'idol' know that we don't? Let's put it another way. What has this market 'wizard' been assured of via his Wall St. conduit that he believes to be written in stone?
As we watch the targeted destruction of this stock unfold.