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Gold/Mining/Energy : Big Dog's Boom Boom Room (Moderated)

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To: Broken_Clock who wrote (61)4/18/2005 8:43:14 PM
From: Think4Yourself  Read Replies (2) of 89
 
Your post is scary because it is similar to the scenarion I also see unfolding and I am NOT a doom and gloomer. Only difference is I think maybe China goes after Taiwan instead.

How can we be, BY FAR, the world's largest consumer of oil when everything we buy is made in China?????

They had bull/bear analyst competition on Kudlow & Co today. One was talking about how Walmart was growing like mad but stock price was going nowhere. "It was due to go up" he said. The bear analysts actually let him get away with it! Nothing about how Walmart is a "Made in China" store. There was also nothing about the trade deficits, nothing about the China peg, nothing about foreclosures, nothing about consumer debt levels, and nothing about the world energy situation. It was a superficial discussion with almost no substance.

What do people think about buying Remnimbe as a hedge against China moving the peg? Seems like it could be highly profitable but I am new to a lot of this currency stuff.
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