### Comment:
So they’ve successfully hedged with silver. I might backrest this comparing spikes in silver followed by devaluations in the Chinese currency that I can’t spell

### REPLY:
Renminbi (Yuan). The RMB hasn’t necessarily devalued, it’s just that the dollar has appreciated, and the Chinese central bank didn’t want to join the US in the extra deflation. They’re hedged with other stuff too, like rare earth metals that can’t be found in economically significant qualities anywhere else (except perhaps the ocean floor). I think you might be waiting a really long time

### END.