Thursday, June 16, 2022

DOES TTS HAVE THE POWER TO SWAY GLOBAL FOREIGN CURRENCY MARKETS?

On Easter Sunday 17th April I posted SO WHAT HAVE WE LEARNED ON THIS EASTER SUNDAY?  in which I summarised several other posts from that day which laid out the evidence that supported Webster Tarpley's claim that Brexit was about:

  1. freeing The City of London from EU financial and banking law so the City could become banker of the Renminbi;
  2. The City of London attacking the Euro and U S Dollar.

Well, it appears that those posts may have had a significant effect.

Because a few days later, after 2 years of strong gains, over the following month the Renminbi plunged against the U S Dollar, and significantly lost against the Euro and Pound Sterling.   

And Israel announced that it was replacing their U S Dollar and Euro reserves with the Renminbi.

But over the last month the Renminbi has been rapidly regaining those losses.

And the Shanghai Composite began its rebound around 2 months ago while the Dow Jones and crypto have been diving.

Here's the Renminbi v the U S Dollar. That massive dip started on 19the April, 2 days after Easter Sunday.




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