Reply #32: So it seems. But what strange strategy is going on these days? First [View All]

[54anickel]

S. Korea and now Japan (post 5) publicly and loudly toss around the idea of diversifying their reserves. "Testing, testing, 1,2,3 - hey, is this mic on?"

Was it simply a test, or did they want and need the buck to head lower? That wouldn't make sense with Japan's year end coming up this month, as everyone knows Japan would step in to buoy the buck through their year end...unless they were looking for a reason to print up more Yen. :shrug:

It's all nuts to me these days. :crazy: Seems like there are some desperate measures being taken by the world central banks.