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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Nikole Wollerstein who wrote (52246)7/10/2009 4:57:54 AM
From: energyplay  Read Replies (1) | Respond to of 217869
 
A 10500 Dow is not a giant bull market if gold is 1500 at the same time.

And if the US Dollar drops about 1/3, 10500 Dow would be more reasonable, especially since many Dow componenets are big exporters.



To: Nikole Wollerstein who wrote (52246)7/11/2009 7:07:39 AM
From: elmatador2 Recommendations  Read Replies (2) | Respond to of 217869
 
If China really wants to reduce its exposure to the greenback it must allow the yuan to rise. It would incur a loss on its existing reserves but stem future losses. But so long as China maintains its current exchange-rate policy, it is, ironically, helping keep the dollar dominant.
economist.com


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