|
Sydney, NS
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: TF,S,GC
Posts: 605 since Nov 2009
Thanks Given: 248
Thanks Received: 394
|
From the chap who wrote the HistoricalVolatilityAny indy post by Gold.. recently here at NexusFi (formerly BMT), a very interesting article penned recently on his blog.
About China, world economy, a major shift in the works which surprisingly could lead to (gasp!) rise in US$, rise in US manufacturing etc. etc. but in the meanwhile during this huge shift as China moves from predatory manufacturing/RMB devaluation policies, increased volatility in the markets.
Is that what we are seeing this week? Gold selling off big-time as Chinese overnight buying stopped a couple of weeks ago. Is this the US via Morgan adding in yet more shorts to the billions already spent that way in December 09? I lack data on that, and although that is possible, suspect that China is the one helping things go lower in order to raise the value of their US$ holdings so that they can begin to use them for purchasing X,Y Z in intermediate term which is a value-added way of reducing their FX reserves whilst getting something for them. Meanwhile, they shift their LT policies to enhance Chinese spending power domestically and consumer-wise, essentially putting them in the same place the US was during much of the post-war period.
Food for thought.
And good news for the US if true.
And if a big war isn't manufactured by some for whatever reasons. Chances are - if history is any guide - it will be.
scriabin op 23
Of old the skilled first made themselves invincible to await the enemy's vincibility.
Invincibility lies in oneself. Vincibility lies in the enemy.
Thus the skilled can make themselves invincible.
They cannot cause the enemy's vincibility.
Thus it is said: 'Victory can be known; it cannot be made.' |
|