Russians Stunned By China’s Move To End Western Dominance

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Russians Stunned By China’s Move To End Western Dominance

Today a legend who was recently asked by the Chinese government to give a speech to government officials in China spoke with King World News about why the Russians were recently stunned by China’s surprise move to end Western dominance. John Ing, who has been in the business for 43 years, also spoke about the currency wars which are breaking out that will only add fuel to the global fire.

Eric King: “John, in your October 5th KWN interview you correctly predicted trouble for stocks as you warned:

“When we look at Alibaba trading at over 60-times earnings, this indicates that
the massive rally in global equities is close to the end.”

The next trading day the stock market gapped up very close to it’s all-time high and then went straight down. And with astonishing accuracy, in that same interview you also said we were in the last leg of the dollar rally and that was precisely at the top of the recent rally in the U.S. dollar:

“I think the U.S. dollar is on its last legs in terms of this rally. And because the United States desperately
needs to maintain its exports, the Fed will look to halt that dollar rally at some point.”

Eric King continues: “John, what should we expect to see going forward in the stock market, and what about the plans the Chinese are implementing to dominate the world economically?”

Ing: “Recently we have seen a return to volatility and fear. This is in contrast to the greed that was so pervasive in the market the last time we spoke. I now believe we are seeing a dead-cat bounce in the stock market. I also expect this bounce to end at some point this week….More Here At KingWorldNews

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Russians Stunned By China’s Move To End Western Dominance