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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: XoFruitCake who wrote (40600)	3/23/2005 10:18:18 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 206223

["China can indeed unpeg their currency and reduce the impact of the high cl price "] whodathunkit !?!?! Hello People ...and what happens to much of our Trade Deficit when China re-pegs ? ....poof~ .........thank you China. Oil is going to be used as a "Weapon" of Modern Geopolitical Warfare (Economic Mass Destruction) to force the Chinese to re-Peg. - tic toc` Oil has also arrived at an interesting crossroads where it now serves two powerfull masters with significant problems looming on the Horizon: 1. Greenspan's Bond/USD nightmare from having to ramp rates. 2. NeoCon Geopolitical Agenda in collapsing the Chinese Economy and toppling the Communist Government which is the only threat to the USA retaining sole global Super Power status. Greenspan is facing a crisis of having to raise rates to cap inflation; but which in turn will create a bond market & USD crisis. - scroll down to the link from Fetke: Message 21160912

To: XoFruitCake who wrote (40600)	3/23/2005 12:27:14 PM
From: ihor43us	Respond to of 206223

US is not it's biggest customer - European Common Market is. Also, I do not see it as a black and white situation. If their currency doubles compared to the US$, so WalMart will stop stocking from China? Get real. Even doubled, they are still the cheapest. Remember, the resource component will not increase in price in US$s, just the labor component. Final price will hardly budge. The lower cost of imported resources will facilitate internal expansion - it will be cheaper. JMVHO Ihor