Jump to content

Sign in to follow this  
News Feeds

Is China About to Go “Scorched Earth” on the US Dollar?

Recommended Posts

China's currency, the Chinese Yuan, remains pegged to the US Dollar. So when the US Dollar strengthens, the Chinese Yuan strengthens to.

 

For an economy as rife with garbage debt as China (shadow banking debt is over 200% of GDP), this is a DISASTER.

 

With that in mind, consider that the US Dollar is now at 99.

 

GPC1024161.png

 

Whenever the US Dollar reaches these heights, China fires a warning shot at the Federal Reserve by aggressively devaluing the Yuan.

 

GPC1024162.png

 

And this in turn causes a stock market MELTDOWN.

 

GPC1024164.png

 

Buckle up, because as I write this Monday morning, China just began to aggressively devalue the Yuan AGAIN.

 

Over 99% of investors have missed this. They continue to focus on what stocks do in the day to day. But a big move is about to hit the markets.

 

Gold has picked up that something MAJOR is afoot. It's exploding higher against EVERY major currency.

 

Below is Gold’s chart prices in $USD, the Japanese Yen, and the Euro. Gold has BROKEN OUT big time in $USD and Euros. It’s about to do the same in Yen.

 

sc_0.png

 

Gold has figured it out. SOMETHING MASSIVE IS COMING. And it's coming from Every. Major. Central. Bank.

 

Over 99% of investors have missed this. They continue to focus on stocks. They're missing a once in 30 years event that has begun in the metals markets.

 

HUGE money will be made from this trend going forward.

 

On that note, we just published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.

 

The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce

 

We are giving away just 100 copies for FREE to the public.

 

To pick up yours, swing by:

 

https://www.phoenixcapitalmarketing.com/goldmountain.html

 

Best Regards

 

Graham Summers

 

Chief Market Strategist

 

Phoenix Capital Research

 

 

 

 

 

 

 

 

 

7psHe6AsiEA

 

Continue reading...

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×

Important Information

Your Privacy Is Important To Us Learn More: Privacy Policy