04/05/2015

IMF set to Declare Chinese Yuan Fairly Valued as De-Dollarization of the World Accelerates

by John Galt May 04 2015 01:45 ET While most of America is focused on a radical terrorist attack on Americans in Garland, TX, the bigger news came from the International Monetary Fund via the Wall Street Journal tonight which could only be equated to a 9.9 earthquake on the financial Richter scale: IMF to Brighten View of China’s Yuan Fund on verge of declaring China’s currency fairly valued for the first time in more than a decade The story by Ian Talley of the WSJ seem innocuous enough. However some…


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