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Silver Wheaton Corp. Message Board

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  • moses_on_wall_street moses_on_wall_street Nov 26, 2006 12:14 PM Flag

    why i dont think the dollar will rally monday

    Is there any possibility that a derivatives position has been established that would hugely benefit China if the dollar collapses, one that could just about offset their dollar losses?

    That way they win the game and become the new King of the Hill.

    Can you speakee Chinee?

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    • What derivative(s) could offset trillions of US dollars? Second, who would be holding them? Well, actually, I can think of a possible answer. The only thing that's WORTH anything anymore is something finite and diminishing - natural resources. Found in Russia, Canada, and Africa. So if the Chinese are smart, they'll be investing those billions of dollars in these countries. excepting maybe Russia. Think about it. Africa. I imagine they can buy the place cheaply about now - now that AIDS has decimated the population and then some.

      Any way I look at this picture, it comes back to the same thing - the best thing for you and me to do is accumulate the same things the Chinese want - resources. Gold, silver, miners, uranium, oil. And the one thing that we still do well in the US -biotech stocks. There's always going to be disease, there will always be a market for medicines.

 
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