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


To: Cogito Ergo Sum who wrote (63007)4/29/2005 6:38:13 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
i think the chinese are speculating less in the metal because their bankers are being arrested by the plenty for having let out essentially unsecured loans via corrupt ways

liquidity is drying up

folks are looking to decamp positions

and i simply do not see how the rmb can be revalued against the usd given financial system weakness and impending economic slowdown, coupled with for sure real estate crash

and i do not see how the rmb can be floated and stay up

and i figure, should the rmb be re-pegged against a basket, leading to all asian nations to do the same, and then the chinese do a float, will leave the rest of asia in a lurch, having to choose a float, stay with the peg, either way, watching the rmb go down against the basket, and ...

in any and all cases, competitive printing must be the end game, and if so, hold on to your physical gold, material platinum, and certificate preciousness

also, am getting ready to short precious puts

chugs, j



To: Cogito Ergo Sum who wrote (63007)4/30/2005 1:15:48 AM
From: Davy Crockett  Respond to of 74559
 
YTD 
Nickel up 9%
Copper up 3%
GOLD flat Year to date
Silver up 7%

Commodities or anything else for that matter not looking terribly attractive


sigh