Is China About to Go “Scorched Earth” on the US Dollar?
Currencies / US Dollar Oct 24, 2016 - 06:40 PM GMTChina’s currency, the Chinese Yuan, remains pegged to the US Dollar. So when the US Dollar strengthens, the Chinese Yuan strengthens to.
For an economy as rife with garbage debt as China (shadow banking debt is over 200% of GDP), this is a DISASTER.
With that in mind, consider that the US Dollar is now at 99.
Whenever the US Dollar reaches these heights, China fires a warning shot at the Federal Reserve by aggressively devaluing the Yuan.
And this in turn causes a stock market MELTDOWN.
Buckle up, because as I write this Monday morning, China just began to aggressively devalue the Yuan AGAIN.
Over 99% of investors have missed this. They continue to focus on what stocks do in the day to day. But a big move is about to hit the markets.
SERIOUS money is about to be made.
To that end, in the last two weeks Private Wealth Advisory subscribers have opened SIX new trades.
As I write this, ALL SIX OF THEM ARE SOARING: THEY’RE NOW UP BETWEEN 6% AND 12% EACH.
Let me be clear, this is just the beginning of this move. By the time we’re done, I expect all six of these to be TRIPLE digit winners.
Seriously at this point, if you’re not taking out a trial subscription to our Private Wealth Advisory newsletter, I don’t know what else to tell you.
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That is not a typo. We’ve only closed THREE losers in the last TWO YEARS.
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Best Regards
Graham Summers
Phoenix Capital Research
http://www.phoenixcapitalmarketing.com
Graham also writes Private Wealth Advisory, a monthly investment advisory focusing on the most lucrative investment opportunities the financial markets have to offer. Graham understands the big picture from both a macro-economic and capital in/outflow perspective. He translates his understanding into finding trends and undervalued investment opportunities months before the markets catch on: the Private Wealth Advisory portfolio has outperformed the S&P 500 three of the last five years, including a 7% return in 2008 vs. a 37% loss for the S&P 500.
Previously, Graham worked as a Senior Financial Analyst covering global markets for several investment firms in the Mid-Atlantic region. He’s lived and performed research in Europe, Asia, the Middle East, and the United States.
© 2016 Copyright Graham Summers - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
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