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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (19054)9/19/2003 12:37:03 PM
From: Ahda  Read Replies (2) | Respond to of 81187
 
Searle i am in deep thought the gold market is moving today and my concern is of currency. The US has imprinted her footsteps and fiat all over the world. It all comes back here and we are not booming if you carefully look at all the information and avoid the medis interpretation our figures leave much to be desired.

China there of could be at risk. Reason being if she unpegs her currency will rise and that will reduce the actual dollars she holds in the US but decrease her ability to compete on the world market.

I am thinking that Japan sold the Yen bought US dollars to keep the Yen low and could very well use those US dollars to build in China she there of does not need to hold US dollars. Same problem as the Rand and the additional cost of gold production. More problem for the US as the dollars return and are met with limited investment value.

China growth rate has been furious if it continues China could end holding far too many US dollars. Then we are all at risk.

I too think i am going mad.