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


To: Horgad who wrote (162179)9/3/2020 11:39:06 AM
From: Gib Bogle  Read Replies (1) | Respond to of 218184
 
My guess is that even if there is a temporary push to the upside, there will be a big pullback in the near term, some time in the next month or two. I am willing to forego profits over this period, to avoid having to sell thinly-traded junior PM miners in a rapidly falling market. Been there, done that.
There are almost certain to be regrets, either way. I'm getting conservative in my old age.



To: Horgad who wrote (162179)9/3/2020 8:09:01 PM
From: TobagoJack  Respond to of 218184
 
Watch iron, and let us see how it does once traded in Yuan

then we get an idea of what shall happen when Yuan buys gold

and

when rare earth is only available for term-sale by using digital-Yuan

scmp.com

China’s yuan gains foothold in iron ore deals, could increase Chinese self-reliance, analysts say
Australia’s Rio Tinto, BHP Group and Fortescue Metals, as well as Brazil’s Vale, recorded their first yuan-denominated transactions in China in the last yearMore yuan-prices transactions will increase the internationalisation of the Chinese currency and also help the economy in line with the new ‘dual circulation’ strategy