The Gold Smash is the New Opium War

Liu Jun Luo is in form:

The gold smash is designed to wipe out the people with high cost basis in gold. But if gold plunges 10% in a night, why was the Dollar Index so weak, and the renminbi hit a new high?

This is WWII strategy. First, use tanks and artillery to blast a hole in the lines, and then send in the army to rapidly and violently penetrate the lines. Well, in the financial war, gold is the tanks and artillery, the dollar index is the army. The Americans and Chinese "Yeltsins" are working together to raise the renminbi exchange rate and pull in more people to buy the dips. Today is the "gold gap" campaign, but by the end of April or in early May, this will shift to the "dollar index army" and it will be rapid and violent.

Military war and financial war use different results to reach the same outcome.


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