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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: seventh_son who wrote (14401)6/17/2005 4:53:00 PM
From: Crusader  Read Replies (1) | Respond to of 18308
 
The higher it goes, the harder it will fall. You can bet on that one. The U.S. are the biggest currency and financial market manipulators out there and the jig is just about up for the wise. Who are they to call the Chinese currency manipulators? The trend is in place and the Americans are going down to make way for India and China. It's too bad really because everyone could gain from their growth but America wants everything on their terms as usual which will come back to bite them big time. Good tanking today too of the dollar!

...However despite this, the Treasury Department warned China last month they have until November to make their exchange rate more flexible or they will be labeled as currency manipulators . This charge would start bilateral talks on the exchange rate and possibly retaliatory action.

kitco.com