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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Earlie who wrote (51216)5/16/2006 1:23:52 AM
From: LLCF  Read Replies (1) of 116555
 
<Recent highs are just a start. China appears to be getting nervous about the billions and billions of U.S. dollars it holds. If it sells those dollars, one clear winner will be gold investors.>

Someone told me China didn't care about a declining dollar... they would be happy to watch their reserves go up the chimmney... I said, "good, cause that's where they're headed, AND they're going to buy more on the way."

FWIW, life is full of contradictions, and this is a good example of one. As the Yuan soars............ what happens to China's economy and hence base commodities?

dAK
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