February 25, 2020: Gold - Backtest completed & A Bull Run it is!
|special scale PF chart|
Chinese Yuan/Renminbi versus US-Dollar: Since currency devaluations do not longer work, we now have a "Trade War"
Chinese Yuan/Renminbi versus Euro:
China is doing whatever it can to stay competitive with the rest of the world. MADE in CHINA must continue to sell...even when China is entering a RECESSION (March 2019)
China is not the next economic and political giant! It may even be a power in decline. The bulk of Chinese live in the same conditions Nigerians live in and the Upper Middle class has no heated houses and no warm and often no running water. China, however, holds GOLD & SILVER. And he who holds the money (Gold & Silver) rules the world.
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