The chart above is for 7/21/2009, verus the chart below being for 7/20/2009
The AntiDollar Is on one of the biggest offensive ever, 7% one week move does not happen very often and there is reason for it coming at this time. Nevertheless Bear could Master the Steel Curtain to stop the AntiDollar at the Goal Line. Will they manage? We are down to our shorter term tools to try and go with the flow, more like stay with the flow, as we are invested at minimal, but reasonable levels for retirement portfolios. Especially that we were not devastated by BEAR MARKET. So, we do not have to chase anything.
Of course, Younger subscribers, are entitled/should invest at higher levels depending on their age.
China, Nation Of Slavery, Sort of entering mainstream?
Not a chance Dear Readers. China is a country that according to the currency Renminbi setting, about 7 Rnminbi's to 1, is essentially set at the state the way a slave nation will be set. USA did not exactly stand aside, while China was allowed to become the second biggest economy in the world while keeping its currency below even SLAVE NATION standards. Of course many/most USA corportations like(d) very much to produce in China at slave vages and sell it in USA, thus turning USA into couch potato consumer nation and China into Manufacturing power.
Now that USA consumer is on life support and threatening to expire we still do not see Renminbi moving higher. Playing with the words , currency manipulation offender or not, USA and its law makers allowed this China BS to go too long and are still not doing anything to stop it. Well, I am not sure who does this policy help, but I do not think it helps USA workers, with unemployment edging to 10% and/or Chinese workers who continue to work at SLAVE wages.
So, how long this paradox of having a COMMUNISTS(haha - more like SOPITALIST) government in China running the Slave Labor Camps and being supported By USA Multinationals will be allowed by nature I mean ,( it is clear that Men/Governments in USA and China do not care) to persist. Well, I think the next world war may well be related to this issue. Unless, China allows its currency to float completely ans soon.
For China, to complain about USA polcies leading to Dollar weakness, while keeping RENMINBI at the current levels, is lie one PIG tellining the other... "YOU MY DEAR FRIEND PIG, HAVE BIG LIPS" (:-