Now it is a wonder no one else picked this up yesterday

Emailed 12th August 2015

China devalues again

Yes – as I said be aware – very aware.

Do not trust any Government – the devaluation yesterday was a test.

China is caught in a useless loop. The USD keeps strengthening against all economic data and drives the Yuan even higher – yes they are pegged to the USD.

THIS WILL NOW ESCALATE – watch Bank of Japan and the Bank of Korea. Vietnam has no choice but to devalue its currency – it is not a matter of ‘if’ it is a matter of when.

Please remember the Asian financial crisis – all currencies took a battering due to the situation then – it is no different now – these currency wars WILL force monies into the USD.

Nothing can stop the flow on affect globally.

Smile this is history in the making – this IS THE END OF THE WORLD AS WE KNOW IT…

Sent from my iPad

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