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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (557)	9/4/2003 10:28:50 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 110194

I suspected a while ago, like Wallenwein, that China would eventually peg versus the highest currency at the time and in time that will be the euro but a peg against a basket of currencies would be fair only trouble is that the peg will be unreasonably low versus the bunch in aggregate, and will not solve anything this is about misunderstanding economics and accommodating politics too much of the former and all efforts for the latter will be of minimal value if and when China floats the yuan, ALL HELL WILL BREAK LOOSE imagine 40% of WalMart inventory rising 2-fold in price this yuan should rise 20-25% per year for as far as the eye can see my goal remains to kick some precious metal miner butt, then move most of the money into China Templeton Dragon fund THEN LIVE OFF THE FATTA THE LAND AND WATCH THE WORLD SQUIRM WHILE MY RIGHTS DIMINISH TO NOTHING / jim