David Brady: Gold, the yuan, devaluation, and crash

Section:

3:10p ET Friday, July 27, 2018

Dear Friend of GATA and Gold:

Now that China is rigging the gold market, tying the gold price and the value of the International Monetary Fund's Special Drawing Rights to the value of the Chinese yuan, money manager David Brady speculates today on gold's course under a sharp, single devaluation of the yuan and under the yuan's continued gradual devaluation.

A single, sharp devaluation of the yuan, Brady believes, would send gold soaring.

Brady's analysis is headlined "Gold, CNY, Devaulation, and Crash" and it's posted at Sprott Money here:

https://www.sprottmoney.com/Blog/gold-cny-devaluation-and-crash.html

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



ADVERTISEMENT

Storage and Withdrawal of Gold with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/



Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16