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<p>[QUOTE="Evom777, post: 1032807, member: 27123"]They have nothing to worry about. There has been a little misery on their end after China finally adjusted their yuan, (even if only a little) but in the long run they have the U.S. right where they want them. They are the second largest economy and the second largest holder of America`s debt. They have threatened to sell the treasury bonds should the U.S. impose a bigger tariff on their inferior imports....and even if they are indeed bluffing, nobody wants to push them and find out. The time to play hardball with them was almost a decade ago.....but instead America let manufacturing move over there freely in the name of globalization. </p><p><br /></p><p>So in the long run the PMs will do just fine. If somebody wants to get into the PMs, the first thing they need to do is get out of the day trader`s mindset.....as watching the roller coaster that is the market can cause coronaries. In the grand scheme of things China will surpass the U.S. and America will be a nation of consumers only. </p><p>Take some time and look at where the majority of products are made in any retail store.....and notice that the things that ARE made in the U.S. are not being carried by most chains. </p><p><br /></p><p>The damage has been done, and more and more people are becoming aware that the American dollar can not defeat the red dragon that is China.[/QUOTE]</p><p><br /></p>
[QUOTE="Evom777, post: 1032807, member: 27123"]They have nothing to worry about. There has been a little misery on their end after China finally adjusted their yuan, (even if only a little) but in the long run they have the U.S. right where they want them. They are the second largest economy and the second largest holder of America`s debt. They have threatened to sell the treasury bonds should the U.S. impose a bigger tariff on their inferior imports....and even if they are indeed bluffing, nobody wants to push them and find out. The time to play hardball with them was almost a decade ago.....but instead America let manufacturing move over there freely in the name of globalization. So in the long run the PMs will do just fine. If somebody wants to get into the PMs, the first thing they need to do is get out of the day trader`s mindset.....as watching the roller coaster that is the market can cause coronaries. In the grand scheme of things China will surpass the U.S. and America will be a nation of consumers only. Take some time and look at where the majority of products are made in any retail store.....and notice that the things that ARE made in the U.S. are not being carried by most chains. The damage has been done, and more and more people are becoming aware that the American dollar can not defeat the red dragon that is China.[/QUOTE]
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