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MikeCristo8
@MikeCristo8
This here below If you want to know why the U.S. Gold price will NOT go above China’s gold price (~$2,100), It’s because China will control the global oil price when China announces their undeclared gold reserves.
ALL U.S. financial assets must deflate to China’s gold price of $2,100, because China controls the oil. Gold is NOT going to $5,000.
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Expound the profound-Cut’n thru bs 1 layer @a time
@frankoz95967943
China is the #1 exporter of deflation US is the #1 exporter of inflation
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Brad Setser
@Brad_Setser
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Glad the US Treasury is once again highlighting the global consequences of China’s apparent unwillingness to take policy steps to support internal demand.
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