Topic: China OIL deal - only in Yuan(renminbi) Backed by Gold, 2018 Global Issues... (Read 230 times)

Once China feels it has accumulated enough precious metals and or if geopolitical tensions merit it, this system will once again allow actual price discovery for precious metals to continue. As anyone who has bothered to look into it knows PM markets have been highly manipulated for a long time. There will be dramatic price rises (denominated in fiat funny money) in PMs in the near future.

Well it has happened with Syria and others no longer accepting dollars for oil.

This was so predictable that you have to wonder what the long term plan is for the dolar. They seem to be shoving it under the bus, and I suppose that may be one way of losing the mountain of debt.

Well here we are, more than a month later. What were we expecting to happen?

  I read your comment this morning, 12 hours ago approximately, well this suppose to be the big day, no news yet, let´s see how this will unfold, sometimes (actually most of the times) we are manipulated by news agencies to think and behave in a fashion that benefits them and their future plans...

Definitely while we take care of our everyday life big changes occur and are hidden from us, but we will see the effect unfolding soon...
China started to spend their US bills on international market, buying land businesses etc...
Since last year already

This started quite some time ago when the US impsed sanctions on Russian. You would have thought by now that they would have learnt that economic sanctions hurt the sanctioner more than the sanctionee. China id a massive holder of gold, and they needed Russian oil, so they worked out a system whereby Russia was paid in Yuan, and then used the Yuan to buy Gold. This gold backed Yuan is becoming a major world currency now, and it is likely that the Petro-dollar will be replaced by the Petro_yuan, and/or the Petro Ruble. The other result of sanctions was the creation of the AIIB. The US tried to isolate Russia and China from the world banking system, so they created their own to rival the World Bank.

It would appear that the Deep State ( Obama, Tony Blair, Soros and cronies) is attempting to move financial control and manufacturing away from the West and into Asian hands. China's gold exchange based on physical gold rather than paper gold is another example.

We are certainly living in "interesting times" at the moment.

Hello everyone,
Considering we are 2 days away for that happening (in case you don´t know yet, something of SUCH a MAGNITUDE never happened in the last 70 years, and the world we know today revolves around a USD currency backed by oil/weapons.

The reason of this thread is considering this IMPORTANT EVENT, what are your critical views regarding it? globally, locally, regionally talking...
Also considering the crypto space...

There are some leaking that by the 19th January, this Friday, the US Gov, beside the resolution of the Ceiling Debt, it might advance with a secret crypto project started since last year, which could involve the Survival of the United States as a Main World Power, involving some king of blockchain technology in the national registry system, also the so called FedCoin could appear....

There are other rumors talking about a Military Power show, trying to convince China to back off....

Considering the pace we have achieved today as a global community, and how at the costs of human energy and nature, some people got very rich, War would only make them lose at the moment, so the organized collapse of the fiat system without a backup plan....

To me personally it´s very sound to see the World economy being saved by the crypto sphere, with Bitcoin as the new SDR, Global Coin....
There are others like Stacy Herbert who forecasted Bitcoin value to 240 million usd by the end of the year... which sounds pretty correct considering the possible future scenarios...

Feel free to manifest yourself...
Any comment is greatly appreciated