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Renminbi rises against the dollar: Still want to sleep when I’m awake?
I told you so. You guys just keep sleeping while I fiddle a bit more with the currency markets.
Early risers: If I were you I might go bargain hunting on copper, zinc and lead today.
Just saying.
Published in General
Thanks all the same, but I’ll pass. I’m sure you’re familiar with Johnson’s comment about a one-handed economist. On the one hand we have too much paper currency in circulation which indicates inflation ahead. On the other hand another great depression can result in deflation and a collapse in the commodity markets. I’m for stockpiling canned tuna.
Unfortunately, I can’t run down to the Grand bazaar and haggle while drinking copious amounts of apple tea. You on the other hand can buy copper, bronze and gold in style while having a ton of fun. I’ll go home to my Hareke carpets and sulk.