Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (26903)	1/6/2003 11:33:38 AM
From: Jim Willie CB	Read Replies (1) of 74559

you overlook one China balancing component -- GOLD in spring, Chinese leaders mentioned balancing of three reserve assets USTBonds, EuroBonds, Gold I agree in bilateral balance of dollar-euro except that they have a current extreme imbalance in USTBonds now, and have for a few years, which is only recently being addressed but I believe the real issue is gold CB accumulation how is Chinese oil production ramping these years? thanks, jim

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