Thursday, March 19, 2009


Its now official : The FED is going to buy US Treasuries.
Fed to Buy $300 Billion of Longer-Term Treasuries (Update4 ...

From lender of the last resort, the FED is soon going to be 'market maker' of the last resort.
The USD has been sliding since the annoncement, and Gold has been surging!!!
First the Bank of England stepped in, then the Swiss National Bank and now the US FED.
Competitive currency devaluation?
This tag-team support system is clearly working round the clock!

Take another look at my post from Sunday March 15th.

Przemyslaw Radomski's call on the USDX has been spot on!!!!

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