More Trouble For The US Dollar...
From Greg M
China's major state-owned banks are selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on Tuesday, moves aimed at supporting the Chinese currency.
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The USD is in it last days, as the USA is indeed Babylon.
BRICS meeting announcing their gold and commodities based currency is Aug 22.We should see more repudiation of FRN after that going into fall and winter. Ed Dowd calling for huge recession and crash end of Q3-Q1- standard Jewish high holiday crash cycle