August 18, 2015
Last week’s devaluation of the yuan is just another step in the long march to China’s ascent to the pinnacle of global economic dominance. While China’s economy continues to cool, commodity prices are likely to continue to move lower. In my latest article for Seeking Alpha, I examine recent actions of the Chinese and explain why this will eventually set commodities up for a dramatic bottom — until that time prices are going lower.
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