Bending the Third Rail
Because We Should, We Can, We Do
Tuesday, December 19, 2006
Dollar Down
Fubar at Needlenose gives us an update on the falling dollar. Iran is fully moving away from the dollar altogether while other countries are considering similar moves. The big kahunas are Saudi Arabia and China. As long as Bush is a good boy and does what the Saudis want in Iraq, they will continue to do their share to prop up the dollar. China is another question altogether. It will get increasingly more expensive for countries to keep dollars out of some kind of goodwill as the dollar will inevitably fall given the great Bush adventures in boy kinging.

Personally, I have made some gold purchases lately .......
Written at 2:21 PM by Greyhair.
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