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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (1054)9/26/2003 12:42:58 AM
From: Ahda  Read Replies (1) of 110194
 
I too have been very gold shy lately as some of the gold stocks are starting to look like the tech bubble in gold.
However China could end up using a metal to back her currency the one good thing about it is metal back limits too liquid and limits inflation.

She will not peg but she could attempt to limit misjudgment of man that takes on a form of numerical chaos. She could end up with her own type of peg and a very strong stable currency with her peg tied to commodity base. This would limit labor inflation that comes from excess fiat production. It is my belief she cannot afford inflation on an internal base as this leads to external increase of prices.

If physical delivery was requested in any of the gold contracts it sure would be interesting to know to what address definitely not mine I don't have the room. VBG
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