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


To: Hawkmoon who wrote (68044)11/12/2010 2:33:32 AM
From: elmatador  Read Replies (1) | Respond to of 217592
 
Bush argued the "genius" of the U.S. economy is its ability to withstand financial shocks, as he signed a bill to put $152 billion in taxpayers' hands in a bid to avoid a recession.

Stimulus Febr., 08 did not avoid crash. Why stimulus today will prompt economy back into action?

People are not looking to this in a realistic manner.



To: Hawkmoon who wrote (68044)11/12/2010 6:07:27 AM
From: TobagoJack  Read Replies (1) | Respond to of 217592
 
20k yuan allotment is ONLY for individual a/c

for corporate a/c, no such limit

getgold is a better trade

and done through same wrap a/c

never activated rmb feature

do not see any point in that paper

in so far as fiat money printing and quantitative easing, team usa has no balls and is girly man

reminder: china invented paper, ink, printing press, and paper money

from e-mail tray

From: M
Sent: Fri, November 12, 2010 2:23:15 PM
Subject: Re: Observations - Week of November 8

A hedge fund friend again.....

I thought this is well known to the investment community? Every month they announce incremental new loans among Chinese banks and the latest number is ~500b.
500b X 12 / 6.638 = 903b USD or 150% of QE2 !

On Fri, Nov 12, 2010 at 1:55 PM, J wrote:

M, what have I been trying to hint to you?
Gold n real estate.
And uranium.
And silver.

Sent from my iPad

On Nov 12, 2010, at 12:14 PM, M wrote:

And the world accuses the US of being a money printer....... HA!

No wonder Chinese are buying real estate and gold like mad......

M

On Fri, Nov 12, 2010 at 12:12 PM, M wrote:

Is this something to worry about?
Does it infer that inflation is getting ready to explode in China, and that rates will have to move much higher than expected in order to stop it?
4.5% CPI inflation vs. 2.5% Deposit rates isn't a good sign.

The growth is amazing.
China's M-2 was 50% of US M-2 in April 2005.
Today it is 121% of US M-2
No wonder China has been such a "feel-good" story....

See attached.

M



To: Hawkmoon who wrote (68044)11/13/2010 2:02:08 AM
From: elmatador  Read Replies (1) | Respond to of 217592
 
Recently, the Hong Kong Monetary Authority announced that its annual quota of 8 billion yuan for trade settlements had been reached, forcing it to tap a currency swap agreement with the People’s Bank of China for more. Banks in Hong Kong were surprised that a quota even existed.

Andy Xie on China’s Striptease Act
blogs.wsj.com

Trust Andy Xie to have some strong words to put a damper on the yuan party.

Mr. Xie, a former Morgan Stanley economist, said Chinese leaders are able to put a “ceiling” or a “cage” around any new initiative to do with the yuan’s internationalization, with the size of the cage determined arbitrarily by China’s leaders. Until there is political reform there can be no freely convertible currency, he said, without explaining further.