tag:blogger.com,1999:blog-1708908742323002823.post246262211866135912..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: One Wise Central BankTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1708908742323002823.post-16299417146373293462011-02-26T05:03:18.582-08:002011-02-26T05:03:18.582-08:00Thanks Dan - learning as I go here; as a Canadian,...Thanks Dan - learning as I go here; as a Canadian, find it disconcerting BOC's reserves are not more balanced.caramelhttps://www.blogger.com/profile/16037173721286319471noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-44910657493827396922011-02-25T22:11:15.601-08:002011-02-25T22:11:15.601-08:00caramel;
thanks very much for that fine detective...caramel;<br /><br />thanks very much for that fine detective work. I am sure all of the readers are much better informed by your excellent sleuth work in tracking down that information for us all.<br /><br />Again, thanks!Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-53318092315386314432011-02-25T17:42:21.516-08:002011-02-25T17:42:21.516-08:00Well, it is certainly odd to hear Argentina hailed...Well, it is certainly odd to hear Argentina hailed for doing something financially responsible. Who's next? Zimbabwe? I guess anyone can learn from their mistakes.Strelnikovhttps://www.blogger.com/profile/12520900676193170036noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-91227253796994423742011-02-25T15:59:12.656-08:002011-02-25T15:59:12.656-08:00caramel - I seem to recall reading not all that lo...caramel - I seem to recall reading not all that long ago that the BOC was selling a good chunk of their gold. I cannot remember exactly when it was but I do recall many of us wondering what was wrong with them at the time. Maybe they will end up buying it all high while having sold it all low. What would be adding insult to injury would be a decision by the UK to buy more gold after having sold it at the very beginning of the bull market for less than $250/ounce! I wonder how that worked out for them!Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-36311887750517562962011-02-25T12:24:40.785-08:002011-02-25T12:24:40.785-08:00Great article Dan, thank you. Surprising to see B...Great article Dan, thank you. Surprising to see Brazil at only 0.5%. <br /><br />http://www.bankofcanada.ca/en/rates/reserves.html<br /><br />If correct, that's only approx. 0.002% of Int'l reserves. yikes. Any guess on whether BofC will join in on the fun?caramelhttps://www.blogger.com/profile/16037173721286319471noreply@blogger.com