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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (116461)2/18/2016 6:07:05 PM
From: Pogeu Mahone  Read Replies (1) | Respond to of 219643
 
"The PBOC governor made it quite clear in an interview over the weekend that a devaluation was not on the cards and that foreign exchange policy will focus on a basket of currencies (the trade weighted index). "




As the rest of China's competitors continue to devalue.... seems like a very fluid situation ...events dictate,
not edicts..


I agree on gold













To: TobagoJack who wrote (116461)2/21/2016 1:46:27 AM
From: John Pitera  Read Replies (1) | Respond to of 219643
 
Second, China’s leadership may know more about the global financial sector’s difficulties than most of us – they are exiting their USTS and other American debt at a rapid rate. It is quite possible that they are preparing counter-cyclical measures in the event of a deep recession in the global economy with severe financial consequences.
very interesting statement....

without a specific attribution..... where is this worldview info coming from.

JJP