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Strategies & Market Trends : Ride the Tiger with CD
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To: kacy_in_LA who wrote (61799)9/21/2006 3:00:41 AM
From: Proud Deplorable  Read Replies (1) of 313021
 
With pressure mounting on Beijing to revalue it yuan upwards, China could quietly build a gold position in a declining market. Fan Gang, a member of China's central bank monetary policy committee said on August 29th, "The US dollar is no longer a stable anchor in the global financial system, nor is it likely to become one, therefore it is time to look for alternatives."
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