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Re: Traderfan post# 92995

Monday, 07/27/2015 3:29:30 PM

Monday, July 27, 2015 3:29:30 PM

Post# of 163716

If you have a crash in china overnight, some want to get rid of anything that has to do with china and nobody chases anything from china today. Was a bad timing today. Need to see how it goes the next few days, I hope it holds 12.55 area but if china collapses it will be hard. I'm not saying it correlates a lot with SSEC in general but obviously with a crash like this everything that is in reach will get dragged down.



The timing of this crash is almost to good to be true imo! With China striving to get into the SDR and being approved as a "reserve currency" something that is of course of the very top of the political priorities for some country to prevent! Meeting held this autumn about this you could be rather sure that IMF/US will point to the turmoil this summer and, again, say no to China/RMB! There's a economic warfare out there have no doubt about that!
This could of course have impact on Siaf both if the economy is affected in some way, lowering the demand for Siafs products but also by being beaten as a Chinese company. In long run I don't have any worries about Siaf though, the good one's will eventually win this smile!
An event triggering this warfare was of course a meeting held the 9th of July in Ufa, where India and also Pakistan now is getting much more closer to the Brics countries and Shanghai Cooperation Organization, this won't be seen as a "good thing" in a particular country...be absolutely sure about that!
I think for the future Siaf just have to move totally from the US and register somewhere else, not any panic right now...but in the future for sure! So the listing in OSE is also in this respect extremely important for Siaf, I've said it before many times and I say it again, we're in enemy land right now...just get the hll out of there!

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