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11.30.2015 - China's IN! Bookmark

For two years now I've predicted that the IMF would accept China into their SDR basket of currencies, and today we just learned that indeed they have. Bravo!  So what's that about? The IMF uses a reserve basket of currencies made up of the Pound, the Euro, the Dollar and the Yen. China believes it should be in that basket since it is the second biggest economy now. So today it became official and they're "in".  You should read our Newsletters or join the Insiders Club to see what all that will mean.

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