do you mean to fold it up and put it away?
This is not a joke. It means the US will enter a hyper inflation period and gold is going to rocket.
Yuan will be officially de-pegged from usd in exchange for gold backed yuan.
How is the hell the US could unwind its trillions of treasuries backed securities.
How could the US be able to print more money in exchange for those Treasury Bills.
What happen if money market managers are net sellers of T Bonds including China to offload its holdings in treasuries as T bonds cannot maintain as a safe heaven status.
I don't think the petrol Yuan will be that scary but at least volatilities are here to come and gold is a must to hold.
