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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: aknahow who wrote (35105)6/17/2003 11:10:32 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi George, My guess is that it takes 6 months before we 'feel' anything. Besides physical sales, distribution and buy-back infrastructure, in the six months, folks here will have plenty of exposure to 'gold is money again' promotion, and will have been edged-on by black-market wobble of the USD:Yuan exchange rate, and acclimatized to the idea that Gold = anti-Dollar, and that the USD may seriously slip against the Yuan.

Eventually the RMB will have to rise against the USD if the USD insist on doing a 2:1 split.

Chugs, Jay