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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (27566)1/19/2003 10:57:58 PM
From: Jim Willie CB  Read Replies (3) of 74559
 
Greensputin, nice name, I might borrow it

yes, Americans not only need to learn more foreign languages, it is imperative that they learn about financial matters, of which they are absymally ignorant

Economics Masters degree holders dont know much more than how to count $20 bills, with abject illiteracy prevalent even on many basic concepts

I believe the upper echelons of foreign nationalists (including China) know more about USA, its economy, its horrendous faulty foundation, and its failed strong dollar policy whereby our wealth producing apparatus was shipped to Asia

I just wonder when the cat will be out of the bag wrt China's accumulation of gold for Central Bank purposes
I believe their gold-filled CB will become the biggest and most powerful economic builder in the recent modern times

in 18-24 months, the YUAN will be forced higher from geopolitical pressures
if not, then severe geop stresses
man oh man, can China reap some huge political capital on this issue, just letting the YUAN rise 10%

by end 2004, I hope to diversify into Chinese largecap stock funds

hey ChugsMan, just checking in
/ jim

p.s. I am no extreme expert on gold
just a jackass struggling to get by
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