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Wednesday, 08/15/2018 4:10:14 PM

Wednesday, August 15, 2018 4:10:14 PM

Post# of 19248
Some interesting observations from Jim Rickards. He seems to think this trade war action could crash the Chinese stock market. I'm not sure why that would be good for the Chinese or world economy, but he seems to think that's the trade-off they're making for a continued Yuan devaluation. Something will eventually break IMO, as the cracks are starting to show.

It seems to be playing Hell with the gold price again today. Could also be more of the drama with Turkey dragging the gold price down.

https://dailyreckoning.com/chinas-plan-to-tank-their-own-stock-market/
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