Following the price of price of gold being up earlier, bad news hit that market as well
China Posts Worst Economic Performance on Record
https://realmoney.thestreet.com/investing/stocks/china-posts-worst-economic-performance-on-record-15266578
I wonder if these events will hasten a return to a commodity-based monetary system? I recall Ronald Regan wanting that, but he was urged to not openly push for it.
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