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China’s Yuan-Based Gold Fix To Include Two International Banks

In a separate article:

“In a shocking move likely to crush the US economy overnight, China is refusing to make its new gold-backed Yuan, convertible from or to US Dollars. The new Yuan will be introduced next Tuesday, April 19.When the International Monetary Fund (IMF) agreed to add the Yuan to the basket of world currencies used for Global Reserves and International Trade, they wanted China to make the Yuan more reliable as a currency.”

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This is a huge move.  It will be interesting to see what happens in the coming months and years ahead.

China’s Yuan-Based Gold Fix To Include Two International Banks

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