GOLD / CHINESE YUANGüncellendi

YUAN GOLD PEG

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Moning sideways now indefinitely...?

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Moving, maybe mooning also... hehe

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MY VIEW ON WORLD ECONOMY AT THE MOMENT:

I believe Turkey sold their gold to China (they sold more than 50% of their gold reserves since January 2018). The Turkish central bank said they began ti buy Chinese bonds Jan 2018. Turkish president Erdogan also said Turkey wants to be a part of BRICS partnership in July 2018.

So from my perspective Turkey is pledging their obedience to China and showing they are fully engaged in the plan to be a significant part of new silk road (Belt and Road Initiative).

And This hyperinflaiton in Turkey is not going to continue... Turkey is way too important to become a new Venezuela. Turkey is not going to fall in the hands of the international banksters. In my opinion it will instead be "saved" by China when they finally make a inspection of their giant gold reserves that many conspiracy theorists has been waiting for. And so China will officially claim the title as the mightiest world power and the most trustworthy currency. And respectively the bonds that Turkey bought will have gained a significant value.

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Zoomed in chart:

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My eyebrows are raised from the fact that vocabulary including the word "peg" is beginning to be used in the world political arena. Expect further uses of "peg" soon from other places. Here's what president Maduro said this friday:

"We are going to convert the petro into the reference that pegs the entire economy's movements."

More pegs coming soon...

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Jim Sinclair & Billy Holter interview on Greg Hunter:
"The pin has been pulled, and it's the emerging markets"
"Gold reset coming"

youtube.com/watch?v=vM-PcocIDB0

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Not worth creating an idea of it own so I put it here... It's about Argentine Peso. They basically looks wery bad and are left for the wolfs. Here's a source that they are a potential addition to BRICS but looking at the chart it doesn't look promising.
clarin.com/politica/India-quiere-Argentina-BRICS-emergentes_0_SyFwaOT5w7x.html

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Argentina - the next Venezuela...?

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According to my technical analysis from mid October there must happen something to the gold price related to the emerging markets currencies.
1. Either they lock into the ratio they stand at whilst cossing mid October, and keep that pattern long time ahead.
2. Or the currencies will inflate in relation to gold whilst cossing mid October, and keep that pattern long time ahead.
3. Or the currencies will deflate in relation to gold whilst cossing mid October, and keep that pattern long time ahead.

I believe the most probable thing is for all of the emerging markets move move the same way (1,2 or 3). And that they will choose option 1. So when the gold price raise in USD the emering market currencies will deflate the same amount. And so from the perspective of USD the emerging markets will seem to plummet, when in actuallity that's just a response to the gold pegged currency. And also I believe that Argentina will fial to follow this and simply fall into hyperinflation like Venezuela.

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Gold/Yuan ratio is trying its best to move violently, probably because the currency controllers are trying to hide the pattern. But the inescapable converging pattern is obvious once you found it. This is just a charade. The political landscape is just a well polished scam, with actors playing their roles and occult wisards pulling their leashes (or alternatively a mastermind AI controlling their minions). Don't trust the news. Don't trust even the proofs. They know you need proofs, so they create what you need.

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You know why we live in a simulation?
Because this BS don't happen in a believable reality:
dailymail.co.uk/news/article-6192453/Student-editor-tweeted-women-dont-penises-fired-university.html

The creator, God, (a 14 year old spoiled bored child) probably created this reality to play a pimped up version of Sims.

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It went up just as I said.

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UncannyDeduction

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.