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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (4805)	7/16/2022 11:21:55 PM
From: roto	Read Replies (2) \| Respond to of 10550

(1) Chinese imports, and therefore commodities, have a lot more room to drop. (2) China has no desire to displace USD with RMB YTD: DQ 66.84 -3.31 -4.72% 100 42.285 01/12/2022 2,455.50 58.07% 6,684.00 DQ is up a +58% for the year. No longer own it.. I didn't have the patience of the trade. Stupid me. Climate change is proving problematic for human.. actually, all life as it exists today. I really don't give a squat what the climate change deniers say. So maybe DQ.. it's time to revalue despite it's political birthright. But, I'm pessimistic of the world today especially China intent. I'm in Bali the moment. Here too is a mistrust of China except for the Chinese money recycled through Singapore. The US$ works very well anywhere in the world.. the Chinese use it buying "hook or by crook" commodities at steep discounts from any nation of convenience.. war- torn, military juntas, dictatorships, other countries having difficulties of financial assistance. Little/ no demand for RMB