Gold priced in CNY is remarkably stable; many are laughing as both CNY and gold fall.
Next month, physical settlement of the CNY oil contract starts. If oil priced in CNY is also remarkably stable, I suspect soon a lot fewer people will be laughing.
Gold priced in CNY is remarkably stable; many are laughing as both CNY and gold fall.
Next month, physical settlement of the CNY oil contract starts. If oil priced in CNY is also remarkably stable, I suspect soon a lot fewer people will be laughing.https://t.co/HLVylzPMSd
— Luke Gromen (@LukeGromen) August 2, 2018