Yuan Gold
September 7, 2024: Physical gold sells +$133 over spot in China! Physical silver sells +12.5% over spot in China!
Gold expressed in the Chinese Yuan: China is the world's biggest buyer of physical gold. |
Chinese Yuan/Renminbi versus US-Dollar: Since currency devaluations no longer work, we 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)
NOTE - section under construction! | |
China is not the subsequent 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 and silver) rules the world.
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