Chinese Banks said sell $,Buy Euro, Gold

09-30-2007 • Free Market News

A friend of FMNN's and an active international trader says that trading partners at least two major Chinest banks have confirmed that their operative policy is to "sell dollars and buy euros and gold." While this may not be a formal go

1 Comments in Response to Chinese Banks said sell $,Buy Euro, Gold

Comment by PureTrust

Entered on: 10/1/2007 8:28:57 PM

This article is kind of nice in a way. When the dollar drops in value, it drops in value in relation to other currencies.

We don't really need those other countries. We have everything we need right here. Let's drop those other nations and be all that we can be right here at home like we did for the first 125 years the nation was in existence. We don't need to prove how big we are until we need to do it. Let's stay right here and get ready to prove it if necessary.

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