If this Chinese’s deal does proceed I still feel it will take many years before the US dollar is threatened!
My local news tells me 25% of public buses will be electric by 2025, when I was a kid growing up in a village called Eston we had an electric bus system that had been operating since 1919 so I’m afraid I have seen it all before. Out of interest they killed the system off and moved to diesel engines in 1971 the same year Nixon closed the Gold window!
This UK / Russian fiasco looks awfully fishy to me, possibly I read too many spy novels but if a government wanted to be rid of a redundant spy I doubt they would leave their finger prints all over the scene. If it is some kind of false flag operation let’s hope, it’s only a few soccer matches that are cancelled and that the missiles don’t start being exchanged. Particularly as yours truly heads off to Yorkshire tomorrow evening.
My money is still on a FED rate rise later this week I just wonder how this will affect inflation, the Gold price and things in general.