hello pezz, an observation:
G20 (or for that matter G155) can all take a number, line up, take turns to take a try to get team china to revalue her currency, and my guess be that the rmb rate would stay the same, and true, solidly embracing the world, because china's needs for fiat money is not less than anybody else's imperative for same fiat money
should the world trading system blow up because of global wastrelism gone mad, it was going to happen anyway, and after the blow up, folks who need to buy whatever from whomever at wherever still must do same, except on "level" playing field without anyone have command of any universal trading / reserve currency printing press
team usa always yelp for even playing field, and the wish may come true fast in event of currency and trade war.
when team usa is freed of its secret printing press, the playing surface would be very level, except for the indebted who needs continuing financing to maintain old global order, for at that locale would be a monetary crater
in view of above take, dare i suggest that gold is not only cheap, but actually cheaper now than it was when at usd 250/oz
is this some kind of wonderful? that we can accumulate the worthwhile at ever higher prices and still have the newly dear actually cheaper relative to our earlier buy-in, even as others, due to ignorance or inattention, let us keep doing it to them, treating them as 2/20 hedge fund investors :0)
pezz, recommendation: getgold, stacksilver, pileplatinum
cheers, tj |
