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<p>[QUOTE=&quot;desertgem, post: 2161882, member: 15199&quot;]My monkey&#039;s brain, that was 2007-8. Why do hard metal people remember the past if it suits them and ignore any actual data. Is that an Austrian economics thing?&nbsp; The US dollar was down against almost all currency then, Remember the BRIC nations were going to be the world reserve, and China was going to have savings accounts in gold for their bank.( Check the BOC as to how it ended up keeping the peoples gold and giving back any ( little to none) gains in Chinese fiat. Check how that worked for Chinese bullionists. The &#039;Then &#039; exchange ratio was 39 Rupees = 1 dollar, now it is switched to about 70 per dollar, The USD is worth almost twice as much and India is having difficulties keeping the people out of the black market space, due to the dollar. The may 25 report is below. Send a note to the out of date economists to revise or remove his report.</p><p><br /></p><p><a href="http://www.dnaindia.com/money/report-indian-rupee-ended-almost-steady-at-6352-2088374" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.dnaindia.com/money/report-indian-rupee-ended-almost-steady-at-6352-2088374" rel="nofollow">http://www.dnaindia.com/money/report-indian-rupee-ended-almost-steady-at-6352-2088374</a>[/QUOTE]</p><p><br /></p>

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