2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

GLD 464.71

+1.5%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cogito Ergo Sum who wrote (66719)	10/1/2010 7:06:12 PM
From: Hawkmoon	Read Replies (2) of 219764

Not in Chinese interest to collapse the dollar.. with a stash as big as theirs... Couple of different views on that. Since they are effectively still pegging against the dollar, it makes their exports even more competitive than Japan, Korea, or Europe. Thus, to increase the US dependence upon their products, having the dollar decline would work to their advantage. Also, having the dollar declines asserts their influence and economic muscle in Asia, to go along with their military intimidation. The value of their US holdings are probably not overly important at this moment, especially since the actual percentage of decline, in Yuan valuation, is not that much. Also, recently there was speculation that the Chinese were pressuring the Yen upward to force a BOJ intervention. That would mean Japan would have to buy more US Treasuries, and the seller of those bonds very well could be the Chinese. Hawk

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next