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

To: ggersh who wrote (31461)	10/27/2010 6:08:09 PM
From: GST	1 Recommendation Read Replies (2) \| Respond to of 71479

<But Gold and ag have more to do with $$$ rather than Yuan!> Not really -- China is the world's largest gold producer and there are lot of Chinese who eat every day. China will let the yuan drift up at their own pace, but they will start to more aggressively build gold reserves as they reorient their holdings to decouple from the dollar over a ten or twenty year period. Gold at $20,000 would of course make people laugh today -- but people won't laughing in 20 years. If we won't rein in the flood of dollars into China they will turn them into gold -- and it won't take much to send gold to the moon as they do this.