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


To: TobagoJack who wrote (38459)9/19/2003 6:50:22 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 74559
 
Real Rates and Gold, part #5 (by Adam Hamilton of Zeal)

321gold.com

real rates are persistently negative lately
too bad govt statrats dont properly calculate the CPI
or else reality would show even more negative real rate

I guess the USGovt's version is the "unreal rate"
Gold will be topping #400 in a matter of a few weeks
the JYen hit 88 today, above critical resist at 87

just a thought, JayMan
if the JYen zips & zooms toward parity, will that not put extreme pressure on China to revalue their peg ?
with RMB fixed versus the USDollar, and a JYen gaining strength, we could have some severe disruption across Asia
if no peg change, then China will realize an even bigger trade advantage against Japan
make sense?
to what extent do China and Japan compete head to head?

a token few pct by China would call off the US dogs
but would it help when the JYen jumps 15% or more?
the key is the amount that JYen moves

appreciate your thoughts
/ jim



To: TobagoJack who wrote (38459)9/20/2003 3:53:22 PM
From: Alastair McIntosh  Read Replies (2) | Respond to of 74559
 
Hello Jay Chen: Your purchases of oil tankers piqued my curiosity enough to do a bit of research. You may be interested in this site giving day rates for various carriers.

intertanko.com

Day rates appear to be climbing rapidly and have doubled in the past year. Seems like a reasonable speculation.

Al