Tag: currency

China Begins Resetting The World’s Reserve Currency System – Crude Oil for Gold

China Begins Resetting The World’s Reserve Currency System – Crude Oil for Gold

By Paul Ebeling on September 6, 2017 China Begins Resetting The World’s Reserve Currency System $GLD, $OIL, $CNY It is a strategic move swapping Crude Oil for Gold, rather than for US Treasuries, which can be printed at will. A report released by the Nikkei Asian Review indicates that China is prepared to release a RMB Yuan denominated Crude Oil futures…

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