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Golds been rallying really aggressively recently
by mhh__ 1y ago
Golds been rallying really aggressively recently
- JKCalhoun 1y agoSo, too late now, you're saying. I read overvalued, soon to crash… Perhaps we should be buying up Yuan…
- Fade_Dance 1y agoChinese equities have actually been great performers recently (off of a base of ultra-pessimism), but that's mostly the onshore market, not the ADR paper you can buy in the west. Buying the yuan on the other hand is directly taking a stance against CCP state controlled currency policy. A less advisable and knowable bet.
- JKCalhoun 1y agoThen invest in Chinese airlines, banks...
- baxtr 1y agoYes I know, same with Bitcoin. I mean it’s a dead asset class since it doesn’t fund any economic activity. It’s just a store of wealth