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Message: China is Everything

Re: China is Everything

posted on Sep 04, 2008 12:14AM

If the Powers That Be want to defend the dollar (seems to be current policy choice), then the yuan will only get added to the USDX after a major devaluation has taken place. If the PTB want the dollar dead, the best way to kill it is to give it a strong weighting in the index before it goes below 71.30 and then the dollar will REALLY get blown away on the winds of history.

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