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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (204171)5/25/2009 9:43:21 PM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
>>Beijing is caught in 'trap' over dollar<<

Yep...and the trap snapped shut the day Ben announced quantitative easing. Chumps....they should have announced the next day they were liquidating T-bonds for gold and made the Fed back down immediately.

Now they're, well, trapped.....



To: Broken_Clock who wrote (204171)5/26/2009 12:03:26 AM
From: Skeeter BugRespond to of 306849
 
>>"Because of the sheer size of its reserves Safe [China's State Administration of Foreign Exchange] will immediately disrupt any other market it tries to shift into in a big way<<

that's music to the gold bug's ear. i'd be glad to have them "disrupt" the gold market with their massive purchases.

those with ears to hear will hear.


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