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<p>[QUOTE="desertgem, post: 1064819, member: 15199"]It will be interesting to see what happens to the dollar, market, and commodities tomorrow, since the Chinese as a surprise holiday present raised the rate 1/4% ( 25 basis points). Last time they did this, the dollar went up and PM went down about 2%, but perhaps not this time.</p><p><br /></p><p>Everyone has considered China the "Hammer" to the world economy, but ( please view this as my opinion)I think they have been overestimated, as no one really knows the conditions of their banks, but since they have been trying to limit inflation by banking events and failing, one could assume they have problems. Even though many thought the US banks/Fed Res. was the world's worse a couple of years ago, they should re evaluate, or they may not take advantage of the US market. All in my opinion. As I mentioned last week in another thread, I am out of PM , still expanding US stocks and copper.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1064819, member: 15199"]It will be interesting to see what happens to the dollar, market, and commodities tomorrow, since the Chinese as a surprise holiday present raised the rate 1/4% ( 25 basis points). Last time they did this, the dollar went up and PM went down about 2%, but perhaps not this time. Everyone has considered China the "Hammer" to the world economy, but ( please view this as my opinion)I think they have been overestimated, as no one really knows the conditions of their banks, but since they have been trying to limit inflation by banking events and failing, one could assume they have problems. Even though many thought the US banks/Fed Res. was the world's worse a couple of years ago, they should re evaluate, or they may not take advantage of the US market. All in my opinion. As I mentioned last week in another thread, I am out of PM , still expanding US stocks and copper. Jim[/QUOTE]
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