Close Menu
    Oil, gas and mining

    China’s Gambling Big Against The Dollar – To Save The Yuan!



    China’s on a mission to save the Chinese Yuan from a currency collapse. However, they are making a huge gamble by acquiring dollars from the swaps market and selling them off in the spot market. This is a risky move because they are betting that the dollar will fall down the line. Here’s why China is forced to make such a desperate move to defend its currency. This global currency crisis is only going to get worse.

    📍📍Buy Gold & Silver (Singapore Viewers): https://bit.ly/3sdBfnU
    – Get a 0.5% discount with the code: SEAN-2022

    💰💰Stocks
    – Get Up To 5 Free Stocks Worth $3500 (American viewers): https://j.moomoo.com/00ibe4
    – Get free stocks up to $1,000 from Moomoo (Singapore viewers): https://j.moomoo.com/00hYmT
    – Get more free stocks from WeBull (Singapore viewers): https://a.webull.com.sg/i/SeanFoo

    ✅ Timestamps & Chapters:
    0:00 China’s Big Bet
    2:30 China Refuses To Use Its Reserves
    4:35 The Dollar Is Crushing The Yuan
    6:40 China Can’t Hike Rates
    8:31 Will China Succeed?
    11:02 Will The Dollar Soar Or Crumble?

    Subscribe to my channel where we dive deeper into the world of gold, silver & investing:
    🔴 Subscribe: https://bit.ly/3kzabfN

    Helpful videos for gold investing:
    – Start With Silver Or Go Straight For Gold?: https://youtu.be/rDy3xOuC0j8
    – How Much Gold To Own: https://youtu.be/pnildJSdmnY
    – How High Can Gold Prices Go: https://youtu.be/aaHTVACqGYg

    Learn how to buy physical gold:
    👑 https://bit.ly/3D76Lqn

    Here’s how to buy physical silver:
    🪙 https://bit.ly/3rlsXJ3

    Please note: I will earn a small commission from affiliate links at no additional cost to you.

    Disclaimer:

    The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.

    View 44 Comments

    44 Comments

    1. Warren Nelson on

      China is not taking such a big risk without knowing which way the wind is blowing. They know that their friends are on board about the future, Russia, Iran, most of Africa and ASEAN. Saudi Arabia and South American economies making noise about being in BRICS. The current dollar bubble will burst sooner or later as it is a Ponzy scheme and some people will lose big time sitting on mountains of dollars.

    4. Bradford Davis on

      China betting on BRICS currency, enough pro-BRICS de-dollarization, dilution of petro-dollar. It could work. They seem confident.

      US alienating SA is a mistake but this train has left the station. MbS is looking to Eurasia and the multipolar world. The Democrats don't get it. They think they can teach SA wokeism and cut a deal with Iran.. The neocons are driving the war. Soros is driving the southern border and crime crises. The multinationals want China to win whether they know it or not. Some know it. Some don't know it. But consciously or otherwise they all love made in China.

      Sprinkle in a new pandemic, worldwide recession, escalating war in Europe, fracturing of NATO and EU, economic chaos in the developing world, Chinese real estate and general commie corruption/ dysfunction. Hard to say how the bet goes.

      Does America wake up and get back on track? China thinks not and they have been in control for awhile now.

      America is waking up but I don't trust electronic voting machines hooked up to the internet with no postmortem, no paper ballots. Who can? I think we're gone and not coming back. Please prove me wrong.

    7. BT GAN on

      1. Do we know who are providing China these USD-RMB swaps and at what exchange rate? (They must have needs for RMB and have lots of "spare" USD?) 🤔

      2. We don't know how much of China's huge USD bonds reserve holdings will mature within say, next 6 months, or in 2023.

      3. Perhaps, enough of China's existing holding of USD bonds will mature before those Swap agreements end… In which case, this Swap idea might not be a risky bet at all? … Just a smart move, especially if China think USD bonds prices will keep falling in the foreseeable future?

      🤔

    8. Syed Huda on

      China is enjoying an enviable strategic advantage, in that all it has to do is reverse the atrocities committed by the typical orgy of the Exploiters of last 350 years
      This strategy in itself has built in "Win Win" condition besides the thousand years old Confucian Philosophy that enables the followers to be automatically farsighted and enjoy advantage over those who gloat about the typical "Short Term Gains" that are necessarily accompanied by Long Term Pains

    9. Love Blindhate on

      Remember in China today – houses are for living not for speculation. They are going to nationalize property given time? No more speculations means no more foreign investors in this sector? Need to think like a socialist when dealing with China internal economics…

    13. Buddy oo on

      China should extend RMB credits to commodity producing countries (Russia , Africa, South Americans and ASEAN ) in return also pay for commodities from these countries in RMB. Avoid USD$ completely. Commodities exporting countries received payment in RMB which will be used to payback RMB loan / credits and or pay for China manufactured goods priced in RMB. Forget USD$ completely. Give low interest RMB credits now! And with RMB credits buy China's manufactured goods and infrastructure services.

    14. Buddy oo on

      So0 i dis-agree China has limited options. The explanations from Sean are all based on mainstream and conventional wisdom….China has many other options.

    17. Dove Penrol on

      Very smart china …😀😃😄😁
      Selling her dollars from future debt in us dollar as such ;
      1.her dollars is intact so that china has no shortage of us dollar ..
      2.LCS is to ease us dollar ..
      3.for long term strategy , the dollar should be weaken than yuan ,the reason is that the foundation of dollar is weak for her debt increasing and inflation as well as recession …

    18. Steven Liew on

      Xi already foresaw this coming and that is why it is not allowing it's citizens to travel out to Western Countries in the last 2.5 years since March 2019 to prevent leakage of USD in their country and only allowed the Renminbi to not to be traded out.
      With their WeChat & Alipay Electronic payment, it is controlling leakages even tighter.

    19. Buddy oo on

      The currency swap is with countries local currencies very few with USD$. There are some countries that uses USD$ as their legal tender but these are small in numbers. China only need to pay in USD$ for US imports but this is not an issue because US imports more than China and China earns USD$ from selling to US. Saudi sell oil to China in RMB and use the RMB to purchase China's manufactured goods, infrastructure service and bonds etc.

    21. Steven Liew on

      China did the right thing to continue locking down China as there is another Covid-19 Pandemic forecasted coming soon due to the " modifications for functions" technology that can manipulate the Covid-19 Virus to become even more lethal.

      There is news that Dr Fauci is not in HOT Oil because of the " manipulation " technology financed by him as Chair of the US Health Research Agency to undertake that research.

      Senator Paul Rand had been BBQing him relentlessly in the Congress Hearing.

    23. win htut on

      Chinese are high risk takers and they can afford to take risks because they are rich.
      Go to a Casino with 100 million you can play high stakes and likely win and not worry if you lose 10 million. But if you go with 10 thousand you cannot afford to lose 1 thousand.
      Like UK they cannot afford to lose 1 hundred! Money comes where money is. Gamble with no fear.

    24. Barney Google on

      There's nothing the U.S. won't do to hurt China. Suspect the reason for the Fed's resolve to keep raising interest rates in the face of domestic pressure is to wreck China and our growing list of other designated "enemy" countries. If our European "friends" get hurt in the process – oh well.

    29. Chris Bouris on

      China has bet big on the dollar not only to save the yuan but also to destroy the dollar. This is a firm decision made by Xi and Putin at the SCO in Uzbekistan.
      Just check the amounts of gold China is buying after the Russian Special Operation started, and especially what it bought after the Shanghai Cooperation Organization summit.
      OPEC+ and Saudi Arabia seem to be playing along on this one.
      It's obvious they think the dollar will only be worth toilet paper in a year from now.
      RIP Petrodollar

    31. Liam Porter on

      Fair comment. So far, China has been proven to be doing the right thing most of the time. Of course not 100% but good enough. Unlike some other countries.

    35. Tania Keen on

      So China is becoming an external USA federal reserve, that is a China federal reserve shadowing the real USA federal reserve, clever as if smaller countries struggle in the future China can switch them back to that country own currency, have I understood that correctly?

    37. TroPICAll on

      To keep inflation down China can do drastic things like imposing limits on how much their citizens are allowed to spend and forbidding their people from purchasing certain asset classes, and commodities. If they can weld people into their apartments during the pandemic they can pretty much do anything. Sucks for Chinese people, but their government has balls that's for sure.

    38. omg sam on

      when a good government making a decision ,they are multiple factors and consideration. from the past experience, chinese government able to make the right one.

    42. Luca Richards on

      Despite the recession, my spouse and I are adding a variety of stocks/ETF/crypto/shares to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit. Grateful i have an adviser at this point. major Thanks to Nyberg Helmer.

    Leave A Reply
    Share via