Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: studdog who wrote (30791)	4/17/2005 4:25:14 AM
From: Taikun	Respond to of 110194

Karl, I think if the Yuan floats and rises, which is what many expect, the flow into gold could make POG go up. I have also heard gold in China is very expensive, so funds will leave China to buy gold. What if the Yuan falls? That might be more difficult. I think the impact on gold will be muted, if at all. If the Yuan falls gold abroad may be the same price as gold at home (assuming gold at home is still sold at a high premium). What probabilities do you assign to Yuan rising? Yuan falling? How about time frames? I think the Yuan could immediately rise, foreign Yuan specs will close positions and then Yuan falls. I think this scenario has the greatest probability, and therefore the effect on gold may also be short-term. D