Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Tommaso who wrote (13812)	10/22/2004 8:32:48 AM
From: TobagoJack	Read Replies (3) of 116555

Hello Tommaso, given that Canada does not even want China's USD for Noranda, no one, and not even the domestic Chinese will want a free-floated RMB. Should the RMB free float or wiggle within a wider trading band, it will most likely fall against the USD. A sad statement on all fiat currencies. Buy gold, hoard platinum, accumulate energy royalties, and short housing, I plead ;0) Chugs, Jay

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