Dear Friends,

I invite you to read the following news article from Chinastakes.com. The Chinese often make official statements through a non-governmental expert. As the article suggests, when you become the world’s largest debtor nation, you cannot push others around to cure your debt problem. I have taken the liberty of highlighting sections of special interest.

When the exogenous event of dollar repatriation, the dollar short squeeze and the realigning of carry positions is over (very soon), the dollar will drop like a stone.

Respectfully,
Jim Sinclair