Yeah, until all those Chinese people try to get their money out in a few years.
Yeah, until all those Chinese people try to get their money out in a few years.
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The US GDP has been about 1-2 percent growth the past two years, dismal. China’s GDP has been 5-7 percent growth the same period.
China has the economic growth to sustain their Yuan…..wait till they announce they are backing it with gold….stay tuned, it is also “ rumored” Russia will announce they will take gold as payment for oil….say good bye to the petro dollar. Stay tuned.