Tuesday, August 11, 2015

CURRENCY WAR Red Hot as China Devalues Yuan by Record Amount!


CHINA SHOCKS THE MARKETS WITH YUAN DEVALUATION



They devaluate the Yuan by - wait for it - printing money. Government uses that printed money - new money that didn't exist before - to buy gold. While the buying power of the Yuan was devalued, they created new currency out of thin air to buy that gold. Free gold.

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