Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TobagoJack who wrote (133055)	4/12/2017 11:00:55 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 218430

Trump Says China Not FX Manipulator, Sees Dollar Too Strong - This recalls the story Mike Flynn liked telling after Trump was sworn in as President of the United States. As one of his first Presidential acts Trump called Mike Flynn at home at 3 am and asked him, "Is it a strong Dollar or weak Dollar that's better for the US economy?," and Trump clearly wanted to be on the right side of US Dollar valuation. - businessinsider.com Mike Flynn told Trump this question was outside of his area of expertise and he should call an economist, an answer Flynn told many friends, "Trump was clearly not very happy with." Now that China's President Xi Jinping explained this topic to Trump during their visit in Florida, Trump now clearly sees China has not been trying to devalue its currency over the past three years since its application to the IMF. Of course China freely let the Yuan tumble in value prior to that time but that is now all in the past. After the President learned about the stories Flynn was telling people about him from close associates, Trump came to realize that the FBI was probably correct and Flynn was a foreign operative and Trump asked him to resign. Trump is now working diligently to reduce the value of the US Dollar by reminding participants in the global economy that he is now the President and he may start a nuclear war with Russia, Korea or China if he gets frustrated. Global markets appear to be starting to heed Trump's warnings.