08 October 2009

politico: sneak attack on the u s dollar - whodunit

[T]he Independent shocked currency traders around the world and almost instantly sent the value of the U.S. dollar spiraling downward and the price of gold skyrocketing to an all-time high, as a hedge against a weakened dollar.
politico reports that the independent's story was designed to cause chaos and to make the price of gold rise. washington d.c. government types, suspect mysterious and never named "gold traders" as the ones behind it.

it could be that the independent's commentator, robert fisk, simply let the cat out of the bag too soon....which is what he seems to imply with his 07 october follow up.