5 Comments

Turns out to be, per Taiwan news, a substation. https://www.taiwannews.com.tw/en/news/4460586

Expand full comment

China has not divested of FRN's. Looking at the Sanctions placed on Russia would not the timing of any actions against Taiwan see some serious cash moves? Latest Release

Feb 07, 2022

Actual

3.222T FRN's.

Expand full comment

Yes. And do not think that China has not thought through their FRN position as they have been buying and producing gold at unprecedented clip since 2008.

Expand full comment

You think Xi's about to go in hot?

Expand full comment

Xi is tracking Russian "sanctions" and he will soon be tapped on shoulder to go in medium warm.

Expand full comment