“The Russia-led Eurasian Economic Union and China just agreed to design the mechanism for an independent financial and monetary system that would bypass dollar transactions. It was a long time coming, but finally some key lineaments of the multipolar world’s …
Alasdair Macleod interviewed by Jay Taylor on Jay Taylor Media Alasdair is back on Jay Taylor Media to give a geo-political and economic update as it pertains to China, the petroyuan, gold and the U.S. dollar. A lot has gone down since China launched …
This time it’s real. Here’s why… If the U.S. needed to invade Iraq and Libya to protect the petrodollar, then you can be sure that they need China’s help to protect the petrodollar. The U.S. can’t afford to lose any …
by Egon von Greyerz Is this it? Is the bull market finished and the good times over? Well, they could very well be. We are looking at a world which is rotten to the core, a world which is built …
From Birch Gold Group Since 2015, we have been reporting about China’s new gold-backed petroyuan and its imminent unveiling on the world stage. In fact, earlier this month we wrote: On March 26 China will finally launch a yuan-dominated oil futures contract. Over the …
https://www.youtube.com/watch?v=lP7zamPvmlQ ‘PetroYuan’ Futures Launch With A Bang, Volume Dominates Brent As Big Traders Step In As we detailed previously, China’s yuan-denominated crude oil futures launched overnight in Shanghai with 62,500 contracts traded in aggregate, meaning over 62 million barrels of oil changed hands for …