China should sell US T-bills soonest, and convert all USD into solid gold, otherwise when FED going to feed all Americans by printing unlimited dollar, USD will be worst than toilet paper.
Want to buy a loaf of bread? You need to bring one gunny sack of USD, just like what Zimbabwe did.......
Trade war is good in this context. Why should China export its valuable manufactured goods for toilet paper? Might as well keep all valuable assets in own country to boost its economy.
Unlimited QE equivalent to robbing limited resources from any where in this world by FED. Unlimited QE means what ever American wants, he can just take it, and let FED print new USD to pay for the goods. FED is so powerful now if Donald Duck want to buy up all gold bullion, FED need to do is just printing the money. Gold price may go up to a million USD for ONE Gram, NOT one Kg.
With unlimited QE in place, safest is to invest in Gold.
Donald Duck is digging grave for himself and whole of US. What China and the rest of the world must prevent this duck stealing the wealth from their countries by buying up all the companies listed in their stock exchanges by Unlimited QE. First is to flood the world financial market with cheap USD, then make USD become toilet paper. By then, US already bought up the whole world with respective govt holding toilet paper not able to buy anything anywhere.......
Either Donald Duck succeeds to steal from the whole world, or he will make US bankrupt when each and every govt having assets denominated in USD to sell back to US govt and exchange for gold.......
With coronavirus in play, and US has no means to stop the virus, it will have to lockdown the whole country indefinitely. US economy will have no chance to recover in next 6 month.
Best timing for China to seek economic decoupling, sell T-bills now, stop trading with the US, stop trading with 3rd country using USD as its value can only heading south.
When USD lost its lustre, US dooms. New world order emerges...........
Some in US are suggesting ban on import of crude oil. I am surprised that they do not know SA could price all its oil in JPY and the USD will become toilet roll overnight.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
qqq33333333
3,053 posts
Posted by qqq33333333 > 2020-03-24 11:32 | Report Abuse
why not?? its the most obvious and easiest..................