31.07.2009 - Central Banks USD over-exposure - good for gold, bad for dollar?
From Mineweb.com: US liabilities to foreign governments at end-May totalled a whopping $2.3 trillion dollars or 17% of GDP - but the maturity curve is shifting to the short end, partly but not wholly as a result of quantitative easing. In principle this should be good for gold.........Full Article: Source