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Sean Yun
China Observer
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Comments by "Sean Yun" (@seaniandp) on "RMB Crumbles: Everyone Joins the Fray; Faces Collapse Without USD Exchange | Trending Now" video.
IN FACT SELL OFF ALL OF ASSETS THAT RELATED WITH RMB SOOOOOONEST POSSIBLE LIKE STOCKS BONDS PROPERTY ETC BECAUSE IN ANYWAY RMB'S DEVALUATION WILL BE GOING ON AND ON AND ON AND ON AND ON AND ON FOR MANY MANY YEARS TO COME EVEN AFTER 2030YR!!!!!!!!! INDEED ONLY SAFE HAVEN TO HEDGE AGAINST RMB DEVALUATION IS PHYSICAL GOLD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
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AS I'VE SAID MANY TIMES ALREADY THAT RMB HAS NO OTHER OPTIONS BUT TO GO WEAKER AND WEAKER AND WEAKER FURTHER AND FURTHER AND FURTHER AND FURTHER INTO 8 RMB AGAINST US$ BECAUSE OF THE YIELD SPREAD BETWEEN CHINA 10YR BOND VS US 10YR BOND = NOW (-) 160BP +/- AND IT IS GETTING WIDER AND WIDER AND WIDER BECAUSE OF FED INTEREST RATE HIKING!!!!!!!!!!!!!!!!!!!:) EVEN TODAY PBOC CUT AGAIN RRR (RESERVE REQUIRMENT RATIO) TO +7.5% MEANS MORE AND FURTHER DEVALUATION OF RMB IS INEVITABLE WAY TO GO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
2
AS I'VE SAID MANY TIMES ALREADY THAT RMB HAS NO OTHER OPTIONS BUT TO GO WEAKER AND WEAKER AND WEAKER FURTHER AND FURTHER AND FURTHER AND FURTHER INTO 8 RMB AGAINST US$ BECAUSE OF THE YIELD SPREAD BETWEEN CHINA 10YR BOND VS US 10YR BOND = NOW (-) 160BP +/- AND IT IS GETTING WIDER AND WIDER AND WIDER BECAUSE OF FED INTEREST RATE HIKING!!!!!!!!!!!!!!!!!!!:) EVEN TODAY PBOC CUT AGAIN RRR (RESERVE REQUIRMENT RATIO) TO +7.5% MEANS MORE AND FURTHER DEVALUATION OF RMB IS INEVITABLE WAY TO GO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
2
IN FACT SELL OFF ALL OF ASSETS THAT RELATED WITH RMB SOOOOOONEST POSSIBLE LIKE STOCKS BONDS PROPERTY ETC BECAUSE IN ANYWAY RMB'S DEVALUATION WILL BE GOING ON AND ON AND ON AND ON AND ON AND ON FOR MANY MANY YEARS TO COME EVEN AFTER 2030YR!!!!!!!!! INDEED ONLY SAFE HAVEN TO HEDGE AGAINST RMB DEVALUATION IS PHYSICAL GOLD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
2
AS I'VE SAID MANY TIMES ALREADY THAT RMB HAS NO OTHER OPTIONS BUT TO GO WEAKER AND WEAKER AND WEAKER FURTHER AND FURTHER AND FURTHER AND FURTHER INTO 8 RMB AGAINST US$ BECAUSE OF THE YIELD SPREAD BETWEEN CHINA 10YR BOND VS US 10YR BOND = NOW (-) 160BP +/- AND IT IS GETTING WIDER AND WIDER AND WIDER BECAUSE OF FED INTEREST RATE HIKING!!!!!!!!!!!!!!!!!!!:) EVEN TODAY PBOC CUT AGAIN RRR (RESERVE REQUIRMENT RATIO) TO +7.5% MEANS MORE AND FURTHER DEVALUATION OF RMB IS INEVITABLE WAY TO GO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
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