Well… I have some thoughts on the price action yesterday, and then there’s news from China with their latest economic data, which should explain a lot of why the currencies have rallied back versus the dollar, and gold heads for its all-time record high… So, let’s get this letter out of the starters blocks! Front [...] Strong Chinese Economic Data Turns the Tables originally appeared in the Daily Reckoning . The Daily Reckoning provides 400,000+ readers economic news, market analysis, and contrarian investment ideas. The Daily Reckoning features articles on the debt crisis , the debt ceiling and the day QE2 ended.