Replies to post #110 on Currencies (FOREX)

[was Steve]

$usd up big last night and this am with only a token drop in POG. looks like a buyable turn in the gold miners is at hand. chart series to see what im talking about

http://www.investorshub.com/boards/read_msg.asp?message_id=2507983

[stack]

Yub, the best solution would probably be a "dual system". I am really curious if it (ever) happens, since there is a strong lobbying influence from the US.

Asien countries are also adjusting their currency reserves for some time now, buying Euros. For sure, if China floats the yuan, we will see some shockwaves imho. They try to make it smooth, but I have my doubts. And as longer they wait, as tuffer it will get.