Chinese stock market $FXI ETF has pulled back to the base pattern breakout zone & looks set to surge. Why would this happen with the economy there in such rough shape?
Well, the stimulus (money printing) announced so far has been purposed towards out-of-control municipal debt. New US tariffs could convince the Chinese government to announce even more money printing… enough to create panic buying of the stock market.
The citizens would celebrate the rallying stock market & potential turn in the economy w/hefty purchases of Gold.  ~ Stewart Thomson
#FXI