Gtarras

BRIC Countries 'Flying Kites'

To Author: so much hype, and yet I find nothing concrete in your thesis, sorry. For example, the final line:

Behind the scenes, we can bet that creditor states are preparing for flight. Though the dollar's slide has been stayed by pronouncements of confidence from Russia, Japan, China, and others, there will come a time when the pain is too great and the outcome too certain. Private investors who haven't already left the collapsing dollar ballroom may be crushed when the big players stampede for the door

I assume you are making a point of a stampede out of dollar. Yet you stop short of WHAT they will stampede into? Would you care to clarify, and explain why a certain currency/asset would be their preferred choice? TIA.

Resurgent Russia Discharging Dollars

This article is not about Russia. Its about why dollar (the POS currency) will crash, and gold will shine. Just one more gold bug peddling his book in their usual fashion: take a thesis and massage the facts to fit them into the thesis.

Nothing new in the article about the country, but i agree, some facts are off. For example, the one the whole thing was written for: the Central Bank of Russia reported that the dollar is still its main holding, and the reports that it is being replaced by euro were erroneous.

The more stuff like this I see, the more I want to short gold.


On Jun 03 11:14 AM likbez wrote:

> Beware. This article demostrates a very naive, extremely weak understanding
> of the Russia and the region. For example most of Russia landmass
> are semi-inhabited areas with permafrost and population density lower
> then Alaska.
>
> As for population, there is a significant influx of migrants from
> nearby states as pay in Russia is much better.