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John Lee: Another Chinese devaluation indicated
7:38a ET Thursday, August 20, 2015
Dear Friend of GATA and Gold:
Mining entrepreneur John Lee, who travels to China often, notes a decline in China's foreign exchange reserves and wonders if a run on the Chinese currency has begun and if an even bigger devaluation is in the offing. Lee's analysis is headlined "RMB Devaluation, Chinese Foreign Reserve, and Gold Price" and it's posted at Prophecy Development's Internet site here:
http://www.prophecydev.com/rmb-devaluation-chinese-foreign-reserve-and-g...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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