Steve Sjuggerud who is with Stansberry Research first said IMF dollar revaluing will happen October 20, 2015 and now in October 2016. This event will purportedly cause much trauma to the market. Any comments or thoughts on this potential occurrence? It sounds plausible as the Chinese Yuan is not part of the current basket of currencies. But China’s economy has been slipping of late. Maybe that’s why I believe Sjuggerud slipped his prediction by a year.
Nick
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.