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


To: No Mo Mo who wrote (25811)12/22/2009 10:37:31 AM
From: Real Man  Read Replies (2) | Respond to of 71456
 
No, not at all. I'm betting on the blink in the Peg, thus
choosing the Yuan as the best performer. If this happens,
it will be very bearish for USD. See my previous post to GZ,
the relationship between Chinese PEG and US dollar bear market.

You are right, the Yuan is pegged to the dollar, and this
is exactly what is holding the dollar up (with pretty
considerable fluctuations, I admit). China is a huge global
exporter.