China faced with capital outflows since March sales treasuries, but in the goldbug world that has to be an act of retaliation for the yuan's inclusion in the basket of currencies defining the SDRs having been posponed.
As said before, from the goldbugs whatelse can one expect besides inacurate facts or erronious interpretations?
http://www.fxstreet.com/analysis/market-outlook/2015/07/22/
Note the extra 600 tonnes of gold, which, of course, cannot be true because according to golbug rectory the PBOC needed no less than an extra 5,000 tones in order to have the yuan included in the basket of currencies defining the value of the SDRs.
http://www.bloomberg.com/news/artic...apital-outflow-hot-money-cools-on-the-country
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