Thai baht expected to weaken against US dollar

[Mike Lister]

41 minutes ago, Mike Lister said:

I see China's gold buying efforts as a different agenda to USD value. I think China has seen what the US has done to Russia by freezing their USD assets and are determined not to be caught out the same way, if they decide to do something that displeases the West. So I don't see that as a lack of confidence in USD, I think it's more about developing a Plan B for the future.

I'm wrong! I've just read the gold price results from Chinese retail investors.

 

https://www.mining.com/web/golds-record-setting-rally-may-have-its-roots-in-chinese-frenzy/#:~:text=Stock image.,explanation may lie in China.

[jayjay2001]

23 hours ago, Mike Lister said:

Any income earned before 1 January 2024 is free of Thai tax, when remitted to Thailand.

Thanks, Mike.  Much appreciated.