This morning, gold hit a new high nearing $1,070/oz. showing the U.S. dollar ‘reaching a breaking point’ as it hits another new 14-month low.
Posts Tagged ‘Ye Xie’
Gold Hits Another Record-High, Dollar Hits New Low
Posted: 13 October 2009 by Little Alex in International Affairs, National News, Political ScienceTags: Anchalee Worrachate, banking, central banking, China, Christoph Kind, corporatism, dollar hegemony, economics, economy, euros, Federal Reserve, fiat money, foreign exchange, FOREX, GCC, Gerard Lyons, global economic crisis, gold, gold futures, Gulf Cooperation Council, Japan, libertarian, liberty, market-anarchism, Moming Zhou, monetary policy, Newspeak, oil, OPEC, Robert Fisk, US, US dollar, Ye Xie, yen, yuan
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