Neubarth
At the Ballpark July 30th
In my military years working with the United States Navy and with the Aman in Israel, one thing I learned was that the Chinese in responsible positions were highly intelligent, even more so than most Americans in responsible positions. If that sounds like gobbledegook, you have not been involved in international considerations.
At any rate, I received an email from an old aquaintance by the name of Choi Wu, "Chink" as I called him thirty years ago when we were working together in Iran to suppress Crazy Radical Islamics. "Better Dead than Radical" was our slogan.
Nevertheless, Chink told me that he had been told to downsize his investments in American companies, because China will revalue the Yuan in a few weeks. Chink is, by our definition, a millionaire. I spent my money back then on women and booze. Chink is obviously smarter than me, but I had more fun.
There are hundreds of Billions of Chinese "Dollars" invested in American Stocks. If they are getting the advance warning, then you just have to know that they will pull their money out and invest it elsewhere. Can you say CRASH!! ???
Folks, time to pull your money out of American stocks, because they will fall more than thirty percent ( The amount that I am told the Yuan will be devalued.) Fleeing money creates crashes. Chink is long DXD, just as I am.
At any rate, I received an email from an old aquaintance by the name of Choi Wu, "Chink" as I called him thirty years ago when we were working together in Iran to suppress Crazy Radical Islamics. "Better Dead than Radical" was our slogan.
Nevertheless, Chink told me that he had been told to downsize his investments in American companies, because China will revalue the Yuan in a few weeks. Chink is, by our definition, a millionaire. I spent my money back then on women and booze. Chink is obviously smarter than me, but I had more fun.
There are hundreds of Billions of Chinese "Dollars" invested in American Stocks. If they are getting the advance warning, then you just have to know that they will pull their money out and invest it elsewhere. Can you say CRASH!! ???
Folks, time to pull your money out of American stocks, because they will fall more than thirty percent ( The amount that I am told the Yuan will be devalued.) Fleeing money creates crashes. Chink is long DXD, just as I am.