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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (17326)	2/5/2009 10:46:03 AM
From: Tommaso	Read Replies (3) \| Respond to of 71406

I wish there were some way to guess what the Chinese will do with all those Treasuries. Should they decide to convert even a small amount of them into gold . . . well, we know what that would do. Gold is almost at a level that it reached when crude oil was above $100, and when the dollar seemed poised to drop below 70. I think the Chinese would be smart to take some losses on Treasuries and buy up any remaining oil rights that they might be able to get.