vrudny, great analysis! Can you copy the WSJ article, since it’s subscriber only? Now that oil prices are dropping, we’ll see a big reduction in UK purchase of treasuries. The late September auctions should be at higher rates. What about euros? I like gold, but after seeing its high volatility, I am getting more nervous about buying gold. How safe is my money when its value can fluctuate by 20% within a few weeks? That certainly does NOT inspire confidence.
