{"id":10533,"date":"2014-08-04T22:50:29","date_gmt":"2014-08-05T02:50:29","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=10533"},"modified":"2014-08-04T22:50:29","modified_gmt":"2014-08-05T02:50:29","slug":"russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/","title":{"rendered":"Russian Oligarchs Shift Cash To Hong Kong Dollars On Sanctions Concerns | Zero Hedge"},"content":{"rendered":"<p>From Tyler Durden:<\/p>\n<blockquote>\n<p>Last week we noted the very significant activity by the Hong Kong Monetary Authority as it bought USDollars in size to support its peg. It appears we have found at least one smoking gun for why they were forced to do this. In what appears to be another sanctions-blowback, Russian oligarchs are de-dollarizing their cash holdings and shifting to Hong Kong Dollars.<\/p>\n<\/blockquote>\n<p>Read more at <a href='http:\/\/www.zerohedge.com\/news\/2014-08-04\/de-dollarization-continues-russian-oligarchs-shift-cash-hong-kong-dollars-sanctions-'>De-Dollarization Continues: Russian Oligarchs Shift Cash To Hong Kong Dollars On Sanctions Concerns | Zero Hedge<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From Tyler Durden: Last week we noted the very significant activity by the Hong Kong Monetary Authority as it bought USDollars in size to support its peg. It appears we have found at least one smoking gun for why they were forced to do this. In what appears to be another sanctions-blowback, Russian oligarchs are &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Russian Oligarchs Shift Cash To Hong Kong Dollars On Sanctions Concerns | Zero Hedge&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41,26],"tags":[922,1708,1709,2560,3006,3033],"class_list":["post-10533","post","type-post","status-publish","format-standard","hentry","category-china-hk","category-russia-former-ussr","tag-currency-peg","tag-hong-kong","tag-hong-kong-dollars","tag-oligarchs","tag-russia","tag-sanctions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Russian Oligarchs Shift Cash To Hong Kong Dollars On Sanctions Concerns | Zero Hedge - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russian Oligarchs Shift Cash To Hong Kong Dollars On Sanctions Concerns | Zero Hedge - the patient investor\" \/>\n<meta property=\"og:description\" content=\"From Tyler Durden: Last week we noted the very significant activity by the Hong Kong Monetary Authority as it bought USDollars in size to support its peg. It appears we have found at least one smoking gun for why they were forced to do this. In what appears to be another sanctions-blowback, Russian oligarchs are &hellip; Continue reading &quot;Russian Oligarchs Shift Cash To Hong Kong Dollars On Sanctions Concerns | Zero Hedge&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2014-08-05T02:50:29+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Russian Oligarchs Shift Cash To Hong Kong Dollars On Sanctions Concerns | Zero Hedge\",\"datePublished\":\"2014-08-05T02:50:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/\"},\"wordCount\":96,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"currency peg\",\"Hong Kong\",\"Hong Kong Dollars\",\"oligarchs\",\"Russia\",\"sanctions\"],\"articleSection\":[\"China &amp; HK\",\"Russia &amp; Former USSR\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/\",\"name\":\"Russian Oligarchs Shift Cash To Hong Kong Dollars On Sanctions Concerns | Zero Hedge - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2014-08-05T02:50:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/russian-oligarchs-shift-cash-to-hong-kong-dollars-on-sanctions-concerns-zero-hedge\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Russian Oligarchs Shift Cash To Hong Kong Dollars On Sanctions Concerns | Zero Hedge\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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For two very simple reasons: Hong Kong and Taiwan. China claims these two territories as part of\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4247,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/30\/hong-kong-china-3\/","url_meta":{"origin":10533,"position":1},"title":"Hong Kong &#038; China","author":"Colin Twiggs","date":"April 30, 2012","format":false,"excerpt":"Dow Jones Hong Kong Index is holding above support at 410. Respect of support would confirm the primary up-trend already signaled by a 63-day Twiggs Momentum cross above zero. The Hang Seng similarly respected support at 20000, indicating a primary up-trend, while rising 13-week Twiggs Money Flow indicates buying pressure.\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4295,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/08\/china-hong-kong-4\/","url_meta":{"origin":10533,"position":2},"title":"China &#038; Hong Kong","author":"Colin Twiggs","date":"May 8, 2012","format":false,"excerpt":"The Shanghai Composite Index is testing resistance at 2500. Recovery of 63-day Twiggs Momentum above zero indicates a primary up-trend. Breakout above 2500 would confirm the signal -- and assist an Australian recovery. * Target calculation: 2500 + ( 2500 - 2250 ) = 2750 The Hang Seng is headed\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4420,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/22\/hong-kong-china-hang-seng-breaks-support\/","url_meta":{"origin":10533,"position":3},"title":"Hong Kong &#038; China: Hang Seng breaks support","author":"Colin Twiggs","date":"May 22, 2012","format":false,"excerpt":"Hong Kong's Hang Seng Index fall below 20000 confirms the earlier primary down-trend signaled by 63-day Twiggs Momentum reversal below zero. Expect a rally to test the new resistance level at 20000. Respect would indicate a decline to 17500. Recovery above 20000 is unlikely but would warn of a bear\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11217,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/10\/29\/china-advisory-body-boots-hong-kong-lawmaker-james-tien-wsj-wsj\/","url_meta":{"origin":10533,"position":4},"title":"China Advisory Body Boots Hong Kong Lawmaker James Tien &#8211; WSJ &#8211; WSJ","author":"ColinTwiggs","date":"October 29, 2014","format":false,"excerpt":"From Isabella Steger and Fiona Law in Hong Kong and Chun Han Wong in Beijing: A leading Hong Kong politician was stripped of his seat on China\u2019s main advisory body after contradicting Beijing\u2019s views, in another step to quiet dissent during month-long protests in the former British colony. The Chinese\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4355,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/china-hong-kong-5\/","url_meta":{"origin":10533,"position":5},"title":"China &#038; Hong Kong","author":"Colin Twiggs","date":"May 15, 2012","format":false,"excerpt":"The Shanghai Composite Index is retreating from primary resistance at 2500. Reversal of 63-day Twiggs Momentum below zero warns of continuation of the primary down-trend. Recovery above 2500 is unlikely but would signal the start of a primary up-trend. 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