FOFOA: I can feel it coming…
Note that they didn’t make any attempt to match our post crash rates with a larger drop of their own. That has placed them in a very pro-active dollar warring position now. I’m sure Greenspan is steaming over this break away. It’s built a major carry proposition … You know, the US wants and needs a higher gold asset price now and I bet they are confounded to find a way to achieve it. We are stuck in a situation where we will ship a good portion at cheap prices first. …
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