what about China's ann about unpegging the Yuan.. Commentators suggest that it demonstrates Chinese confidence in the recovery. When they do unpeg (no time frame given yet), in my mind a stronger yuan will make pan copper cheaper and any pan gold cheaper too. maybe Mr Chan will buy a shiny new car and a gold necklace for the missus? :)
i guess china's exports might drop a bit if the yuan gains but any confidence in recovery is good news to me.
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