“RECAPITALIZE their treasuries”? You can’t have the yuan to devalue if you recapitalize the treasuries with gold. This would cause the yuan to rise which is the opposite of what they want. This site has become nothing but a marketing tool for the PM dealers using fear porn. From the COMEX will close any day to all banks and businesses will close…[Read more]
In reply to - The Doc wrote a new post, China Saw This Coming! – Bill Holter China understands that global currencies will have to (be forced to) devalue against “stuff” primarily gold because it is “money”. This is why […]↧
