Zero Hedge reports tonight that the tight correlation of the valuation of the Chinese yuan and the price of gold, which appears to have begun in February, has suddenly snapped, with the yuan sinking without also taking gold down with it.
Zero Hedge's analysis is headlined "Did the People's Bank of China Just Lose Control? One Chart Says 'Yes'" and it's posted here:
https://www.zerohedge.com/news/2018-10-17/did...-control-one...
