Quote from Ivanovich:
Disagree with the belief that the Fed is manipulating the FOREX market. Pahlease.
You have a right for your opinion.
We have ours.
I strongly suggest you take a look at the GATA findings about gold market manipulations and read about Reginald HOWE Lawsuit against Bank for International Settlements. Especially the ruling by Judge Lindsay.
Then rethink your statement.
In my opinion what we are seeing is a huge derivatives operation to lure the foreign capital to finance the budget.
Asians are fully aware of that.