Perception is said to be anything and everything. The Pepsi generation pervails. Japanese Yen vs American dollars.
Japanese cars are king in the perception of the American as well as global consumers. Now its China . Will China drop the dollar instead of the Euro currency ? Will China abandon the dollar and drop its dollar reserves ? Who knows ? Certainly not the experts. Yet supermodels are demanding that their lucrative contracts be signed and contracted in Euro currency not dollars. It can be said that all businessman / businesswomen/ business people / politicians are little more than prostitutes.
The growing perception and perceptions are that somehow that that gold is at the mercy of the American Federal Reserve a.k.a. the Fed or the FEDS. Thanks to all the current action in the currency / currencies / financial / precious metals / gold / platinum / silver markets and trading traders and speculators are now attributing to the Fed than it actually deserves.
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