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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST

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To: energyplay who wrote (22345)9/13/2007 2:38:35 AM
From: TobagoJack  Read Replies (1) of 217844
 
a HK-based USD 2-billion manager just said this vis e-mail

"When Wayne Angell,Larry Kudlow,and Marty Feldstein all agree on something you can be certain it's bad policy.I love the way all the senile failures of the past have arisen to compete for the prize of 'who can debase a reserve currency without feeling guilty about it'.

Perhaps others aren't worried about China but the authourities certainly are and the 5.2M new retail accounts that opened in July rang alarms in Beijing.

Screws are really tightening now and it's about to get worse,so fasten your seatbelt.

WMT (10% US retail sales) is at 52 week lows while China is at 52 week highs.This is akin to your stock price being at all time highs despite your biggest customer (20% of exports)signalling he's got a real problem…."
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