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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (28561)4/26/2005 3:28:42 PM
From: Knighty Tin  Read Replies (1) of 116555
 
Here's the new Frankenstein currency product. I love this thing. My only improvement would be to dump the Aussie buck and sub the Singapore currency. But it is composed of Thailand, Taiwan, Korea, India and Aussie currencies, 20% each. With a $10 payoff in 2008 if we're wrong on the BushBuck. biz.yahoo.com

The Yuan will be revalued if we can ever get our govt. geeks to stop threatening the Chinese. The surrounding Asian Tigers have artificially low priced currency as they want to sell to China. The Yuan sells at a 16% premium, so some of the revaluation is already present and accounted for. The tiger currencies don't have that premium. Also, 2008 is the year of the Olympics in China. And, Bush's last year. All of which point to a nadir in the Clown Buck.
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