Telegraph did it again...

Tada...

here comes Telegraph.co.uk :

Beijing swells dollar reserves through stealth
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/08/26/ccchina126.xml

First I decided not to read this crap. However, too much people got the article serious.

Article is indeed crap, however I found the comments very interesting,
half of the people think this is scam, other half that EUR/USD will go to 1.20,
small minority thinks this is normal situation and if there any effect it will be (very) short term.

Currently I am resending the article to several people to see what they think.