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Does Dagong rate PRC debt AAAAAAAAAAAA++++++++++++++++?
Always going to be new record if you value gold in weakest currency units.
In a few days oil will be all time high in Belarus currency but so what??
Is it News? Entertainment? Opinions or just repeatitive information?
(Same as employment and claims always revised upword, but that is another discussion)
What up brother oh..?
Stay Away From Gold.
Horse, door, barn, bolted.
I see it more like this:
our financial geniuses put the contents of the barn on the horses then bolted out the door
Ratio will be :
Gold onze equals 8 times Silver onze.
Would be too good to be true.
I think its more 1oz gold = 15 trolls
Icelandic irruption high for PM's coming down the track..things have gone dead calm as we head into the mega tornado at rapture gulch..BTFD.
Nations sitting on the edge slowly tipping into default.
Yawn -- gold's previous GBP "all time high" was a whole three months ago.
An interesting one is the AUD - the AUD has been absurdly high (viz a viz other national paper), so gold is relatively not doing well in AUD - it's finding it hard to reach a new AUD high.
who gives a fuck what Dagong says; they have no power
Except among the Chinese, who happen to hold quite a bit of our debt.
Ah....yes....there is that...err...minor detail.
Gold at a crossroads?
I miss the whole A= Good B=ok C=not good D = crap.
Not this whole AAAAA++ garbage, so that moody's can get massive fees.
Exactly: no schoolteacher would use a scale that differentiated between AA- and A+. LOL.
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