RE:RE:RE:RE:RE:It may have begunHi MaterialsMan. Sorry had a power failure, couldn't reply. In terms of world reserves the Chinese currency only has a 2.8% impact where as the US dollar is 59%. Plus Russia although increasing their trade in Yaun have difficulties converting to other currencies due to Chinese capital controls.
Check Aljazeera news. They covered this whole issue quite extensively. The experts spoken to don't see the Yaun as any kind of threat.
As for inflation as mentioned on a different board 2 days ago before the release of PCE is inflation has peaked for the moment. Also current supply chain issues are creating massive corporate gouging. This will ease as retail sales decline and unemployment begins to rise. It's coming.
As for the POG I remain very bullish. Central banks buying to support their currencies with a tangable asset is very positive.