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<p>[QUOTE=&quot;medoraman, post: 1625600, member: 26302&quot;]I disagree completely. The premise was if the Yuan became gold backed. You said it would become the most valued currency. My entire post was about WHY the Yuan strengthening versus all other currencies would lose jobs in China. If the Yuan strengthens versus all other currencies, the cost of buying Yuan denominated products go up, probably to be higher than buying from countries NOT denominated in Yuan.</p><p><br /></p><p>Why do you think countries like Japan are intentionally trying to deflate their currencies? It is always net exporting nations that try to weaken their currencies on purpose.</p><p><br /></p><p>Your post just now is applicable if all currencies become pegged to gold at rates equal to todays conversion rates.[/QUOTE]</p><p><br /></p>

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