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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (105184)9/17/2009 2:13:19 PM
From: I_C_Deadpeople  Read Replies (1) | Respond to of 110194
 
It would seem more a signal to not trust the US Dollar. If/when the Yuan becomes part of some type of world currency basket gold and silver may also be involved so the Chinese people will make out alright in that regard. Further, given the relatively tiny nature of the gold/silver market, the Chinese gov't would have no difficulty supporting the gold/silver price (by using US dollars of course) thus providing investment security for its people and itself really.



To: Hawkmoon who wrote (105184)9/17/2009 2:24:18 PM
From: Chispas  Respond to of 110194
 
The communist central planners in China definitely have

a superior plan to our self-directed IRAs.