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Re: Don post# 17003

Monday, 06/18/2018 3:47:00 PM

Monday, June 18, 2018 3:47:00 PM

Post# of 17242
It's the plan the Eurozone has for Greece, do the research.

FREEF is going to be FREE

Increased OPEC output will benefit FREEF, they're going to be trading that oil for something, right? Isn't that how trade works? Won't that something be shipped in containers?

Anyway, that's not really the big event. Yuan devaluation will be, the Chinese currency cannot compete in trade while Brazil, Argentina, African countries, Russia, Mexico have all seen their currencies depreciate enormously vis a vis the dollar.

Have you seen the latest numbers of China?? Looks like they better do something! They already lowered the reserve ratio a while ago and their economy still shrunk! They will need a bigger tool!

On a final note, guess who was the biggest presence at Posidonia 2018 this year (record setting attendance btw), you guessed it, the CHINESE! And the Saudis as well.

Keep your eye on the BDI!

BTT




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