In 2018, the Chinese launched a gold-backed, yuan-denominated oil futures contract. These contracts were priced in yuan, but convertible to gold, raising the prospect that “the rise of the petroyuan could be the death blow for the dollar.”
Continue reading Beijing Greenlights Purchases Of Billions In BullionTag Archives: gold backed yuan
Western Banks Crumble while Yuan Joins the IMF SDR Basket
The gradual Global Reset continues with the official inclusion of the Chinese Yuan (RMB) as prime alternative to the US dollar as global currency of exchange which should provide a smooth transition away from all fiat currencies.
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China Launches "Yuan Gold Fix"
It’s official.
Overnight, China launched its gold-backed Yuan to boost its control over the gold and paper currency market at the same time. Although, mainstream media are saying that it is a “Yuan gold fix” where gold has a fix Yuan units equivalent, it’s basically the same banana.
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Fiat Dollar Collapse: Are these signs that BRICS will pull it down soon?
Prior to WTC Building 7’s “mysterious” destruction, Larry Silverstein is said to have uttered, “Pull it, pull it!”,
while the structure was still burning.
We are also told that the exact time when the fiat dollar finally crashes is when the banks tell us exactly the opposite of how the fiat dollar is actually doing.
Continue reading Fiat Dollar Collapse: Are these signs that BRICS will pull it down soon?