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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.31

+0.6%

Nov 7 4:00 PM EST

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To: Elroy Jetson who wrote (14676)	2/23/2007 2:23:08 AM
From: elmatador	Read Replies (1) of 217630

widely held view of China as a nation of supersavers appears to be increasingly out of touch with reality—a shift that has dramatic implications for the global economy. time.com "Specifically, over the past year the Chinese have still been intervening in massive amounts to the tune of $15 to $20 billion a month to keep the renminbi from rising," said Morris Goldstein. The Chinese Central Bank is buying the USD to keep the US buying their products. The Chinese are not supersavers, nor super investors. Thsi is the value of Elmat's thread: challenge the easy conclusions

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