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| Strictly speculation on my part as I note the Treasury Secy is again scheduled to meet in China.
The churning of the gold, silver & euro & crude could also be covering or disguising some preparation for the Chinese to revalue....a revalue would be negative to the euro...Chinese consumers are in effect short dollars, I note China is going to renew the subsidy to breed hogs...as was expected...also stories the Chinese government has informally cautioned some exporters (chinese exporters) ...a revalued Yuan would be of benefit to USA Ag. | |
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Outside the Box
