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Strategies & Market Trends : John Pitera's Market Laboratory

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Recommended by:
Glenn Petersen
sixty2nds
To: Glenn Petersen who wrote (19873)9/5/2017 1:43:06 AM
From: John Pitera2 Recommendations  Read Replies (1) of 33421
 
China starting to crack down on the Cryptocurrencies, at least the creation of new ones will pull a little of the
wind out of the sails of the CC's as China has been one of the very biggest users of the cryptocurrencies as it
has proven to be an very effective means to move capital out of the country and there are 100 of BIlions, if not Trillions of Yuan denominated assets and the Chinese capitalist love to get their wealth or at least a significant portion out of the path of an authoritarian government that can impose all types wealth confiscation
techniques.

many thanks for post this development Glenn.. Hope you had a joyous and relaxing labor day weekend!.

and that sentiment goes for everyone, I had a wonderful weekend..... I engaged 4 a tremendous diversity of activities.

JP
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