IMF sees dangers from trade tensions, overvalued dollar

Reuters/Andrea Shalal/7-17-2019

“The International Monetary Fund said on Wednesday the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, the Japanese yen and China’s yuan were seen as broadly in line with fundamentals.”

USAGOLD note:  So what will it devalue against?  Bitcoin? Some think this was the news behind gold’s rally yesterday.

Repost from 7-18-2019

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