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Message: Russia Cuts U.S. Treasury Holdings

Should be quite an interesting meeting next week when the BRIC reps get together. Some choice words to come out of it, for sure.

I wonder if this snip from VHF's post has anything to do with Jim Sinclair's gold price alert for the third week in June.

"Russia, the world's second largest oil exporter, has been pushing for a rethink on the dollar's status as the world's reserve currency of choice and plans to discuss the dollar's role with BRIC group partners Brazil, India and China at a summit next week."

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