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Forums > ACADEMIC/ BUSINESS > Business, Money & Law (civil) > Let Me Explain It To You One More Time:

Let Me Explain It To You One More Time:

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Edtudo
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Joined:	Wed Mar 30th, 2005
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Posted: Wed Nov 4th, 2009 04:42 am

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Howard Ruff and Peter Schiff have been right all along.

Last edited on Wed Nov 4th, 2009 04:44 am by Edtudo

crookster_man
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Posted: Wed Nov 4th, 2009 06:54 am

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Edtudo wrote: Howard Ruff and Peter Schiff have been right all along.

How so?

estonianman
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Posted: Wed Nov 4th, 2009 06:57 am

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The Indian government bought 200 metric tons of gold today from an IMF sale.

Biggest financial news of the day IMO.

crookster_man
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Posted: Wed Nov 4th, 2009 07:10 am

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estonianman wrote: The Indian government bought 200 metric tons of gold today from an IMF sale.

Biggest financial news of the day IMO.

Thanks for the tip, very interesting.... Something might be afoot?

http://www.bloomberg.com/apps/news?pid=20601082&sid=al7qXOH.bVn8

estonianman
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Posted: Wed Nov 4th, 2009 07:15 am

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crookster_man wrote: Thanks for the tip, very interesting.... Something might be afoot?

http://www.bloomberg.com/apps/news?pid=20601082&sid=al7qXOH.bVn8

Foreign governments diversifying their reserves away from US dollars I assume. It is interesting that India would buy this much gold (6-8 billion US dollars) at the high.

This was only half of the sale - we'll see who picks it up. Brazil? China?

Edtudo
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Posted: Wed Nov 4th, 2009 07:47 am

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google Howard Ruff

crookster_man wrote:
Edtudo wrote: Howard Ruff and Peter Schiff have been right all along.

How so?

Current time is 04:15 pm

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