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

To: RealMuLan who wrote (56860)	9/22/2006 11:01:21 AM
From: Arran Yuan	Read Replies (1) \| Respond to of 116555

All those crap talks about Chinese state banks are virtually insolvent are BS. I just do not buy it. Me neither! As I just settled back in my hometown earlier this year as a professor in environmental healths could attest to my claim. RMB devalue? NOT before first appreciate 20%+, and NOT before it makes RMB free float, and I don't see neither happening soon. Agree! However, I, as a sheeple in the sense that I have no impact whatsoever on how and when they make decisions on all the shifts you mentioned, Ag/Au are apparently better choices. A 20%+ appreciation of RMB Yuan (against FRN$?) would probably translated into a 20%+ devaluation against Ag/Au appreciation. FRN$ -- what is it? That is the most popular exporting product of USA, the Federal Reserve Note Dollar. Best Arran