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  • Soros sounds dollar warning (Soros tries to kill America, again)

    02/27/2005 7:59:17 PM PST · by jb6 · 125 replies · 2,124+ views
    GulfNews ^ | 23/2/2005
    Jeddah: George Soros is warning all oil-producing countries about pegging their currencies and oil revenues to the dollar. "The US dollar is weak, and is expected to deteriorate more," said Soros. The famous currency trader and financier warned Russia and other oil-producing countries to sell their oil and price it in euros rather than US dollars, because the US dollar continues to fall against the euro. The US dollar poses a danger to oil-producing countries and their economies, he said. Many central banks intend to peg their currencies to the euro and increase their balances of European currency against the...