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Gold and Yuan: Not the Slam Dunks They Appear to Be

The Chinese yuan is pegged to the U.S. dollar. If the dollar goes, the yuan will go with it so long as they rely on the U.S. export market. Say the dollar drops 40%, from a base 100 value to a value of 60. The yuan then revalues 50% versus the dollar. You're left with 90% of your original investment.

Geithner on Yuan: Misstep or Warning Shot?

"This Chinese labor has no retirement plans, no health care, no environmental laws, no affirmative action set-asides, no safety standards, and no bargaining rights. Not to mention their currency is artificially suppressed, and their exporters get subsidies.

We aren't just protecting American jobs, we are protecting an entire way of life and standard of living. It only makes sense and is long overdue."
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This is why the smart money is leaving the U.S. and Obama will probably be a Hoover, not an FDR. The American people do not want to protect their wealth through working hard and competing with China and India because too many Americans do not earn their wealth, they take it from productive citizens through the ballot box either directly or through regulation—and this includes SS and Medicare which made unrealistic promises.

A Crack in China's Great Wall

If a nation with a currency peg overvalues their currency, they will go broke and be forced to revalue. If a nation with a currency peg undervalues their currency, the peg will eventually become the natural exchange rate.

Jim Rogers' Picks and Pans - Barron's Interview

He moved to Singapore because China is too polluted.