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<p>[QUOTE="yakpoo, post: 720662, member: 18157"]True, true...but (<b>imo</b>) some of that rhetoric is aimed at forcing the Administration to defend the dollar. Other countries such as China have resisted pressure from Washington to strenghen their currencies. I see the Administration continuing a weak dollar policy until the trade deficit stabilizes and employment picks up here at home.</p><p> </p><p>With all that said...a stable dollar is still in our trading partners' best interest. I don't see any of this "dollar dumping" talk going anywhere. I agree that it doesn't make much sense for Russia to accumulate PMs over the past nine months just to sell them off in the last two...but maybe they're just doing a little profit taking...like they say. </p><p> </p><p>I'm just asking...if they follow through on selling off that much gold in the next two months, wouldn't that affect the prices we pay for coins from the Mint? ...afterall, it's all about us! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" /></p><p> </p><p>I was planning on buying a Gold Proof Buffalo in a few days...but might hold off until I hear a little more about what the Russians plan to do.</p><p> </p><p><b>All this is just Personal Opinion and Conjecture...not fact!</b>[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 720662, member: 18157"]True, true...but ([B]imo[/B]) some of that rhetoric is aimed at forcing the Administration to defend the dollar. Other countries such as China have resisted pressure from Washington to strenghen their currencies. I see the Administration continuing a weak dollar policy until the trade deficit stabilizes and employment picks up here at home. With all that said...a stable dollar is still in our trading partners' best interest. I don't see any of this "dollar dumping" talk going anywhere. I agree that it doesn't make much sense for Russia to accumulate PMs over the past nine months just to sell them off in the last two...but maybe they're just doing a little profit taking...like they say. I'm just asking...if they follow through on selling off that much gold in the next two months, wouldn't that affect the prices we pay for coins from the Mint? ...afterall, it's all about us! :cool: I was planning on buying a Gold Proof Buffalo in a few days...but might hold off until I hear a little more about what the Russians plan to do. [B]All this is just Personal Opinion and Conjecture...not fact![/B][/QUOTE]
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