AquaGangster
Rookie
- Feb 17, 2016
- 13
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Predicting that China’s economy is heading towards a stock market crash, reaching that unfortunate destination in 2016, is certainly risky. It may even be presumptuous and premature to suggest the notion of China’s economy falling to pieces.Excluding gold, China has an estimated $3.8 trillion in foreign currency reserves as of December 2014. China’s gold reserves were 1,658 metric tons, which is about a fifth what the U.S. holds. However, gold has seen a sharp price drop over the past two or three years from its peak of $1,921/oz. to $1,135 per ounce, corresponding to a value of $61.0 billion.
Is these the beginning for china stock market crash???? What's your take on these guys????
Is these the beginning for china stock market crash???? What's your take on these guys????