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clock Created with Sketch. 03/12/18
00:27
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Originally posted by Dazedandconfused:
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If this 'trade truce' has some real substance then the Yuan should at least stop dropping. The gradual devaluation of the Yuan over recent months has been associated with the fall in the price of gold. [I have read analysis why this is so but I have been completely unable to follow the logic... but if that analysis is correct then we should see the PoG rise on this].
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Supports my view expressed in my previous post that the Chinese are far more business savvy than the Americans. My post was definitely not intended to be anti American, I have considerable investment in the US and Canada and admire their achievements. Only saying that are always wasteful with money, however they do have a legitimate claim to be the richest for now. I do wonder if they can still maintain their lead by 2050.
(20min delay)