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  1. 2018年5月22日 · Welcome to the Monetary Crisis Cycle which is beginning right on schedule. Trading against peg can be the best-guaranteed trade of all. We will go over this for the attendees. Categories: Hong Kong. QUESTION: Mr. Armstrong; The Hong Peg is under fierce attack. You said at the Hong Kong WEC that the peg would break but not before 2018.

  2. My Forecast from 10 Years Ago. May 24, 2024. In an interview on May 11, 2014, I explained on USAWatchdog that confidence always outweighs reality. “It’s basically what you believe.

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  4. 2019年7月3日 · The Hong Kong dollar peg climbed as much as 0.19% to 7.7987 a dollar on Tuesday, crossing the 7.8 threshold. Local interbank rates remain near a decade high, outstripping the income a trader can expect on U.S. dollars. That’s undermining a carry trade — sell Hong Kong dollars, buy greenbacks — that had been profitable for years.

  5. About. Martin Armstrong was born in New Jersey the son of a lawyer and Lt. Col under General Patton in World War II. Martin was encouraged by his father to get involved in computers during the mid-1960s. He completed engineering both in hardware and software but after being offered positions by a government contractor RCA in Thule Greenland ...

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  6. 2020年5月22日 · It is a very dramatic and bold move that unquestionably undermines Hong Kong’s autonomy. This will threaten Hong Kong as a global financial hub and is already impacting the HK$ peg which may break in June. This has been a 23-year run under the “one country, two systems” framework that has allowed the territory to enjoy a level of autonomy.

  7. 2019年3月10日 · In 1972, the Hong Kong dollar was pegged to the U.S.dollar at a rate of HK$5.65 = US$1. …. Between 1974 and 1983, the Hong Kong dollar floated. On 17 October 1983, the currency was pegged at a rate of HK$7.8 = US$1, through the currency board system. The problem Hong Kong will face is as the financial crisis in Europe erupts, this will push ...

  8. On April 3, 2014, Bloomberg News reported that the People’s Bank of China will “closely monitor” new global and domestic economic and financial development, as well as changes in international capital flows according to a statement on monetary policy committee meeting posted on PBOCwebsite.

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