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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Think4Yourself who wrote (41973)4/15/2005 10:37:22 AM
From: Cogito Ergo Sum  Read Replies (1) of 206326
 
Yeah. They suffer the same inflation woes (when inflation is viewed as higher input costs, technically a symptom only) as the US if pegged... so the economic war if that is indeed the case is one of attrition...

Frankly if the Chinese revalue the Remnimbi likely the Vietnamese etc may supplant them as a cheap labour source.

Personally I too think that there is something happening here bigger than just normal demand but I think it is more along the lines of the wanting to ensure access to mideast oil as opposed to forcing the Chinese to repeg which may not have the intended consequences...

Then again if I everything I thought was correct I wouldn't be posting here to have it validated or corrected... I'd be retired...

regards
K
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