SI
SI
discoversearch

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 : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (5875)5/12/2006 9:52:19 AM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
Definitely agree! while part of money will be from individual Chinese (many of them will become bag holders in case the US stock market has a big correction), a lot of money will be from China's social security funds, and insurance funds. Those are the blood money of for Chinese retirement.

The huge loss in commodity market (Copper, soy bean...) by Chinese gov. should already serve some lessons.



To: Julius Wong who wrote (5875)5/12/2006 1:12:08 PM
From: hui zhou  Respond to of 6370
 
China RMB may emerge as a hard currency. In order to do that, the central bank should build up the gold as a reserve. That is why someone urge the building reserve up to 3000 tons of gold from current 600 tons.

Now, Russia's Putin is just trying to do to make Rubu as a strong currency, according to his recent speech. And OPEC tries to quote the oil in Euro, not US dollar. Here in US, the "nice democracy" like nobody guide the ship. The spending and trade deficit is out of control. Who cares those fundamental problems that Greenspan was warning?

One day, the US dollar, like British pound, will lost its value sharply.(I think 1 pound= 4.6 dollars in 1970's even a lot higher in 1900's). Be prepare!