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itbull

04/22/07 8:12 AM

#441 RE: Van Gogh #440

VG: option market is like a big Casino

the house which offer the options alwasy win. That's why 90% the option turn worthless.

CHINA holds depreciated USD, but those are free money to CHINA government which issued equal amounts of Yuan to thse who do business in CHINA. CHINA pegging is clealy benefit to both CHINA and US (at least both governmnets) and hold down the artificial inflation with cheap chinese goods.

The only question now is, who can stop this CHINA pegging? Once CHINA is forced to unpeg, USD will dive to historical lows if Fed conitnue print the money to support the market/economics and Gold will run to the roof. I don't know when (Yuan float), but getting close.