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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (48140)3/14/2006 6:02:47 PM
From: benwood  Read Replies (2) | Respond to of 116555
 
good post, Jay. I hadn't thought about the port deal in the context of demand for our dollars/assets/debt instruments, but you are right. It could easily turn out to be a turning point in the history of the US dollar as global reserve currency. Like when the Titanic hit the iceberg and it seemed that everything was fine (even fun for those playing with the ice on the deck). But things began to unravel, quietly at first, a few minutes later.



To: TobagoJack who wrote (48140)3/14/2006 8:39:20 PM
From: LLCF  Respond to of 116555
 
<the issue is, again, once more>

Is how much paper money to incinerate in this current poooot buying flurry???

dAK



To: TobagoJack who wrote (48140)3/15/2006 3:46:19 AM
From: Amark$p  Read Replies (1) | Respond to of 116555
 
Jay, could you please give me your insights on this article, does it coincide with your viewpoints on China?:

investorsinsight.com

In particular, do you see China increasing export taxes on "natural resource" exports such as copper...? Would you think exports such as tungsten, which China produces 80% of total world production, would also get an export tax...? China has closed down numerous small, local tungsten miners over the past 18 months (took away their TNT/explosives used for mining, etc.)

Should one be buying Tungsten junior mining stocks in addition to gold and gold mining stocks given that profits are quite high at US$280 tungsten price...!!? With the actions China is taking as cited in this article and China producing over 80% of worldwide Tungsten, appears that Tungsten price should remain over US$250 which is more than enough for Tungsten miners to make tidy profits, and if China implements an export tax, even more profits for non-China producers...???

Thanks for any comments in this regard!!