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This is it. Macro trade of the century is on.

August 5, 2019 12:12 pm by IWB

via Otavio (Tavi) Costa:

Gold in yuan terms breaking out while stocks are selling off.

Credit bubbles always burst.

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CHINA halts all US agricultural imports, devalues Yan in response to Trump tariffs, Stocks Tank… DOW Down 700+
Carefully monitoring world stocks: if more selling persists this week, it’s likely that the next global growth scare (similar to last fall) is here.
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