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Re: viking86 post# 37177

Saturday, 04/10/2010 11:22:04 AM

Saturday, April 10, 2010 11:22:04 AM

Post# of 94785
Surely, other comapanies will be able to buy metals cheaper as well? So, the advanatage is nulled as everyone has to reduce prices. A bit of deflation in China is a good thing! smile

Yuan to dollar is a booster to profits, sure.

There is an indirect beneifit that domestic spenders will have more money and it would seem are happy to buy more goods. So more metal is going to be used.

rich
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