Search results

  1. S

    China to float the yuan?

    I guess I'm an optimist when people talk about freeing up markets :D but I have always thought it would be good for China. All the raw materials they import for infrastructure (let's not forget food) would be cheaper so they can improve the lot of the average Chinese. Do you think if Chinese...
  2. S

    China to float the yuan?

    I think GR that he/she is looking at a trade through western eyes which is odd on SS. There seems to be a willingness here to enter a forex trade which is always fraught with danger but these same people think mining stocks are risky. If you work it out, let me know . LOL
  3. S

    China to float the yuan?

    Yes I saw that. You don't think you could fit yourself out in a suit, tie and leather shoes for $1,450? (There is room for debate about just how fine Italian wool you use.) I could get some diamond studs in my flip flops for that money. :D One thing I can guarantee is that the US$ has lost over...
  4. S

    China to float the yuan?

    Problem 1: It is not a freely traded currency so you can't buy it. Problem 2: Wise heads think it is about fair value where it is. Look at some prices in the last 24 hrs. Gold skyrockets and falls, DOW up 140 pts to close lower. For America this may be another case of "Be careful what you...
Back
Top